Exploration Potential, page-5

You're on the money there mate.

In the explorer world, 10+g/t will attract the eyes of the average punter (myself) and would likely be very positive for any micro cap. Start slapping 3-10m true widths on there and it's rarely of great interest unless it begins at surface and has a lengthy strike.

Slap a working mine on top, with no debt to get it working, and with a very low capex, and the mining equipment on site to dig that out, and suddenly 10g//t over 2m true width becomes pay dirt.

THEN.... then remember that we have the TOMRA sorter which is taking current 8g/t feed and turning it into 32g/t (1 oz/t) before it even gets processed.

THEN.... then we look at the broader tenement and existing mining leases across shallow dug, high grade historical holes that just need someone to put a drill into them.

What drill do we use, I hear you say?

What drill indeed.



Roger has written a really interesting paper on the area and the potential geology that's lead to this high grade and high purity body of gold. Reach out to him directly if you'd like a copy, but I'll try and post some of my key take aways over the weekend. It all centres around the recent (6month ish) discovery that gold likely got deposited in quartz over millenia of earthquakes that charged the ions and the gold flowed along. My first question to him on this was "can you ascertain the direction that the gold flowed in" i.e. which way the electrical current took it? He believes this might be possible.


VTX has potential pouring out of it