SRM 0.00% 36.5¢ sierra mining limited

very high grade open deposits. , page-20

  1. 12,144 Posts.
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    i personally think SRM will end up with a fantastic gold equivalent resource of about 8grams per ton. 10 million tons plus of that high grade will give SRM around 3m oz of gold eq. The company might even prove that up and more with this latest drilling program. One can quickly hit these numbers when your hitting 100m x 2.5%cu and 2.5gAu and silver and FE on top.
    Mabilo has numerous large targets going off on the same magnetics (and plenty more to drill outside the magnetic data)
    You do the numbers on this alone, and the company is closer to a dollar than 20c and Ian Middlemas is the sort of management we all need to make it happen imo.
    Bunawan could be this on steriods, but i am also going to be interested to see if Mabilo is sitting on a major porhryr down the track. dyor
 
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