“We have clearly shown the high-grade structural gold potential at Melville – a very well-understood style of gold mineralisation that occurs throughout the greenstone belt goldfields of WA. It is a style of mineralisation that I am very familiar with as it underpinned the success of the Paulsens Gold Mine during my six years with Northern Star Resources, and helped transform that company from a junior into a successful mid-tier“
As an investor you love to read the management commentary section of the announcement. Successful and proven management team with this style of mineralization. Now it’s just a case of further expanding the resource and upgrading what we already know is in the ground.
FFR Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held