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Nearly 75% of the 30+ stream silt samples collected at the project yield anomalous samples with a number of 1 g/t gold level assays. These samples warrant follow up exploration to determine the source of the multiple drainage anomalies. Midway Area At Midway, the area was subdivided into four target areas, including the Texas-Bruce, a previously known skarn area. One of the sub areas is a newly identified epithermal silicification occurrence, and another sub-area is defined by a gold in soil anomaly in the northwest portion of the area. All of the areas are underlain by Triassic Brooklyn formation sedimentary rocks with extensive Eocene and older intrusive rocks. Over 900 soil samples were collected at Midway, nearly 4% of samples yielded 50 ppb gold, a quarter of which assayed 100 ppb gold up to 859 ppb gold. Over 200 rock samples were collected from the Midway area, nearly 7% yielded > 1 g/t gold, and a number of chip samples from the Texas area yielded significant gold grades ranging from 6 to 11 g/t gold (along with copper) over widths ranging from 0.5 to 1.2 m. Although the Texas and Bruce targets yield most of the highest assays, they have been drilled historically, the mineralization is narrow and is significantly disrupted along strike. East of the Texas-Bruce area, exploration during 2016 found evidence of a widespread intermittent silica cap over a significant distance with gold in rock chip assays up to 4.17 g/t. Further work including drilling is warranted. Although the gold assay results from rock samples within the widespread and intensely silicified area are modest, there is extensive alteration along with gold in soil anomalies and anomalous As, Hg, Sb and Mo indicative of epithermal mineralization.
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public pensions, the $307 billion fund is now paying out more money to retirees than it is collecting from current workers and employers. Its a challenging market to operate in, said CalPERS Chief Investment Officer Ted Eliopoulos. When youre in that ผ้าห่ม ผ้าปูที่นอน position, you need to be asymmetrically concerned about downside risk as upside risk. CalPERS has reduced volatile stocks and private equity from its portfolio. It made more than $9.2 billion in net equity sales in September and October, according to fund documents. In December, the board reduced the discount rate to reflect the new portfolio allocation. The new expectations still did not reflect investment advisers short-term forecasts. Wilshire estimated only a 17 percent probability that CalPERS would earn its new 7 percent discount rate over the next decade. At the time, CalPERS board member J.J. Jelincic proposed reducing expectations further to align the discount rate more closely with advisers forecasts. 6.25 is the reality, Jelincic said at a December meeting.