GBZ 16.7% 1.0¢ gbm resources limited

42 reasons to buy GBZ, page-43

  1. 5,215 Posts.
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    Cracking video. Thanks @PetrStiff - highlights:

    • ~5.50 to 12 mins: Mt Coloon Newcrest are going to have a lot of fun drilling those targets. a) Glen Eva (historic mining 24koz mined at > 6 g/t Au) - First "fat vein" outside Pajingo in the Drummond b) Koala 180koz @ 18g/t Au) c) Believe the best part of the system is below.
    • ~20.46 mins: Yandan a) In 2005 Straits Gold discovered East Hills deposit with 176.6m @ 2.4g/t b) ~32.10 Hole 8 details brecciation indicates we are in the upper part of the system. Hope to find the bonanza veins underneath the hypothermal brecciation - Mark Lindsay "..I think we have a bloody good chance of finding something significant down there..".
    • ~40.40 mins: Twin Hills a) Acquisition cost of US $4 an ounce! b) Potential at Lone Star updip c) ~ 51.02 mins 309 deposit - Early fluorite then replaced by chalcedony and getting hard towards the end of the system - bonanza type grades, visible gold (1m @ 129.39 g/t). Exciting!

    Gold price now ~US$1974.

    Above is not financial advice and my opinion only.
    Last edited by SallySet: 26/07/23
 
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