Spartan Resources have just announced today an updated MRE of 2.48million ounces ... a 47% increase in ounces and 91% increase in grade. Shares up ~ 25% today ... Current MC now sits at $1.36b ... slightly ahead of AZY at $51m (you know, like 25 times higher)
from their announcement...
8.70Mt @ 4.98g/t gold for 1,392,800 ounces (56%) classified as Indicated;
7.44Mt @ 4.56g/t gold for 1,089,400 ounces (44%) classified as Inferred.
Think I'm looking forward to Antipa's MRE update .... Maybe we could squeak out a MC of $60m (!!!!) if all goes really well .... ha ha ...
Upcoming Catalysts, page-9
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