PRX 0.00% 0.3¢ prodigy gold nl

Ann: Quarterly Activities and Cashflow Report , page-3

  1. 13,885 Posts.
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    The quarterly reminds that the exploration upside is not limited to Old Pirate.
    As good as OP and GH are for exploration upside, ABU has multiple other excellent leads on extensive holdings to follow up on (when they get the chance).
    So many leads to follow at multiple projects and any one could be a company maker on its own, but they wait while the best is aggressively advanced.

    Tanami:
    Buccaneer (we are all familiar with- multi million ounce low grade resource with low strip bulk mining potential)
    Hyperion
    202,000 ounce inferred resource.

    Eastern Barrow Creek:
    Kroda 3
    57m @ 3.83g/t gold incl
    29m @6.83g/t gold incl
    12m @ 15.69g/t gold.
    91m @ 1.44g/t gold incl
    33m @ 3.22g/t gold.

    And as announced today (and I posted earlier)
    “In particular the survey over the eastern Barrow Creek area has identified a 2km long x 50m wide electromagnetic conductor.
    The strength of the conductor indicates a possible accumulation of sulphide minerals and is coincident with a
    surface copper and zinc anomaly near the Kroda Gold Project. This anomaly has been named the "Emma Prospect" and will be drill-tested with an initial low-cost scout drill program shortly."

    Stafford:
    Sabre
    35m @ 2.02g/t Au incl
    17m @ 3.93g/t Au incl
    2m @ 18.15g/t Au.
    Reward companion project
    Rock-chips returned up to 20.3% copper and 271g/t silver.

    Lake Mackay:
    Tekapo
    16m @ 3.4g/t Au and 4m
    @ 2.67% Cu. No drilling in bedrock (surface regolith zone).
    18m @ 3.05g/t gold and 17m @ 0.25% copper.

    ABU is an excellent early stage growth company/near term producer with an enviable very large land package.
    It is easy to forget some of its other projects when we concentrate on OP.
 
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