As it's been said time and again, this managemrnt team are very professional and dilligent. Working not just on Laos but multiple projects, which will all combine to create a wealth of shareholder value
So we can add another two price sensitive announcements to the mix for the ST - sampling results from Supplejack then following same results for West Wyalong NSW Gold Project
--- Highlights---
Suplejack NT Gold Project 1. 100% tenement ownership. 2. Existing 55,000ounces of JORC inferred resource (see announcement 23/5/11)1. 3. Detailed airborne magnetic survey in late 2010 highlighted additional gold prospective zones and provided further targets. 4. Gold price at a record high of US$1,530/ounce. 5. Easy access to essential infrastructure and proximity to gold processing facilities. 6. Tanami has produced in excess of 85t of gold and has an in-situ gold resource inventory exceeding 166t.
West Wyalong NSW Gold Project 1. 100% tenement ownership for 210 square kilometres. C. 350km south of Sydney. 1 JORC resource certified in the IPO prospectus and see announcement dated 23/5/2011 for details. 4 2. Tenement encompasses the historic Hiawatha Goldfield which previously had 17 small scale gold mines where gold was produced from fracture-fill quartz veins. 3. Gold price at a record high of US$1,530/ounce. 4. In a well established gold resource and producing region. Located 15km south west of Barrick Gold?s producing Cowal Gold Mine (in 2010 it produced 298,000 ounces of gold at total cash costs of $581 per ounce and has proven and probable mineral reserves as of 2.5 million ounces2). 5. Yellow squares on the map indicate location of a semi circular cluster of historic gold mines which may be prospective for a larger, bulk tonnage gold exploration target.
Brilliant ORD is going to be a cracker of a stock for 2011
VAN Price at posting:
9.3¢ Sentiment: LT Buy Disclosure: Held