Would not surprise me at all in we get an announcement about a JV in Alaska.
With the last capital raise they never mentioned raising money for Alaska at all.
Northern Star Resources (NST) currently valued at 12.65 Billion Aus dollars owns
the Pogo mine.
Quinten Hennigh has said the Last Chance gold prospect has the potential to be
Pogo 2.
WRM have already done the hard work and know where to drill. If it had not been
for the debacle with the crews for the rigs last season we may well have found a
really big deposit.
It would be nothing for NST to say invest $20 million over a couple of seasons to
drill the crap out of The Last Chance gold prospect and possibly sink a few holes
in the VMS.
If not NST may be another big player willing to sink some holes in such a high
gold in soil anomaly. Especially with gold prices taking off again.
The VMS deposit at Red Mountain must be looking really appealing to big players
as well with its great mixture of Zinc, Silver, Gold all going up in price and potentially
more VMS prospects close by such as Kiwi.
- Forums
- ASX - By Stock
- WRM
- Ann: Further High-Grade Gold Results - Morning Star Gold Mine,Vic
Ann: Further High-Grade Gold Results - Morning Star Gold Mine,Vic, page-17
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WRM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online