As investors we need to understand how promising this management team is in relation to their knowledge of the region and local authorities. Dr Bowden has assembled a similar team for Megado that he had when Dish Mountain was explored and mined (1.5Moz). In contrast, Megado has 5 sites (4 x 100% ownership) in their portfolio which are all very promising for high-grade results. Investors need to understand the significance of this underexplored region and particularly using modern exploration techniques.
Dish Mountain results below, which show the significance of the region we are drilling in, and the expertise of Dr Chris Bowden and his geo-team.
- Significant intercepts of gold mineralization for the first 17 RC holes and surface trenching are:
- RC drilling:
- DMRC001: 46m @ 1.64 g/t Au
including: 10m @ 5.38 g/t Au- DMRC005: 37m @ 2.67 g/t Au
including: 15m @ 5.17 g/t Au- DMRC007: 11m @ 3.08 g/t Au
- DMRC008: 12m @ 2.46 g/t Au
- DMRC017: 22m @ 1.88 g/t Au
including 10m @ 3.08 g/t- Surface Trenching:
- DMTR001: 34m @ 3.12 g/t Au
including: 14m @ 5.54 g/t Au- DMTR002: 17m @ 3.03 g/t Au
- DMTR002: 34m @ 2.07 g/t Au
including: 21m @ 2.54 g/t Au- DMTR004: 18m @ 2.58 g/t Au
GLTAH
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