PVM 0.00% 36.5¢ pmi gold corporation

monster gold grades

  1. 9 Posts.

    Company announcement 14 Jan 2011 - include visible gold with assays of up to 320g/t (uncut) (see below).

    I have never heard of such a large gold grade. I notice the announcement was made under the wrong ticker - PMV instead of the correct PVM. Perhaps this explains why so few people are on to it yet.

    Sydney - Friday - January 14: (RWE Australian Business News) -
    PMI Gold (ASX:PMV) resource drilling at the flagship Nkran deposit at
    the Obotan project in Ghana has intersected broad gold zones which
    include visible gold with assays of up to 320g/t (uncut).
    Obotan offers the opportunity for a near-term development
    project and comprises four known deposits.
    The current global mineral resource estimate for Obotan
    comprises indicated 3.06m tonnes grading 1.59g/t gold for 156,000oz and
    inferred 15.64m grading 2.1g/t for 1.053m ozs.
    ENDS rx
 
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Currently unlisted public company.

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