daytrading may 21 pre-market, page-28

  1. 817 Posts.
    Mutiny Gold - Bonanza Drill results

    Hedged for first 50k ounces at $1850 per oz, producing end of the year/early next, DFS Due out in the next 4-6 weeks.

    Possibly the best explorer soon to be producer on the ASX but please dont take my word for it. Well worth some research.

    These out today:

    Mutiny Gold Hits Numerous Bonanza Grade Intersections up to 57.1g/t Gold in Latest Deflector Drilling
    • Bonanza Drill results extend and expand the Deflector Deposit mineralisation
    • Deflector mineralisation now extended down dip, following the successful on surface testing to the north
    • Reported results will have positive implications for project economics and potential mine life, as well as contributing to Mineral Resource upgrade for Deflector expected in Q3 2012
    • Results include:
    ? 2m @ 57.1/t gold and 0.2% copper from 92m in 12DRC107
    ? 5m @ 41.8g/t gold and 0.3% copper from 218m in 12DD071
    ? 4m @ 30.7g/t gold and 0.9% copper from 146m in 12DD070
    ? 5m @ 23.9g/t gold and 0.5% copper from 162m in 12DD075
    • Mutiny now accelerating future drill program planning
 
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