- Acquired 2 juicy deposits earlier this year that have been extensively drilled in the past in Haiti - 750,000 oz previously owned by Newmont (Sold due to being too small for them), being treated as a single project.
- Multiple other targets within tenement areas ie.
- Shallow and high grade, you would stub your toe on it.. refer to ann. 18 May 2017
At Morne Bossa:
51m @ 7.3 g/t Au (from 11m)
17m @ 6.33 g/t Au (from 27m)
42m @ 4.68 g/t Au (from 1m)
62m @ 3.61 g/t Au (from surface)
AND
At Grand Bois:
27m @ 19.27 g/t Au (from 3.3m)
21m @ 10.18 g/t Au (from 3 m)
48.8m @ 6.54 g/t Au (from 3 m)
30.4 m @ 6.88 g/t Au (from surface)
- Haitian government opening up to mining since the earthquake distaster and currently working on legislation changes to encourage overseas mining, will have first mover advantage.
- Drilling due to commence this month
- Fully diluted capped at around $12m at $0.012 per share, DDDO offers some nice leverage December 2019, $0.007 strike. Juicyy...
- The shallow nature of the 2 reserves, imminent news flow with drilling to commence, news of passed legislation in Haiti that could come at any time make this worth a punt. My preference is DDDO for a bit of leverage.
