LAT 4.17% 11.5¢ latitude 66 limited

Ann: Results of Meeting , page-2

  1. 1,730 Posts.
    A bit of a sleeper this one IMO.

    Cash - $2.6m

    M/C - $4.8m @ 1.5 cents

    "Based on the historic pre-mining JORC estimations available over the Project area, Buhemba has a remaining near surface exploration target of between 6.5 million tonnes and 8.5 million tonnes grading between 1.9-2.2 g/t (between 400,000 – 600,000 ozs insitu).
    Further, there is potentially a significant tailings inventory contained within the Project area. Historic evaluation drilling over the tailings at Buhemba indicates an exploration target of between 0.9 million and 1.0 million tonnes grading between 1.4-1.7 g/t (between 40,000 – 50,000 ozs insitu).
    In addition to these exploration targets, initial evaluation work by Manjaro has determined that considerable potential exists for the discovery of additional mineralisation down dip and proximal to the known mineralisation.
    The Buhemba project area would also appear to have significant higher grade depth potential as it covers the historic Nyasenro mine, which anecdotal information indicates produced up to 350,000 ozs of gold at a grade of around 13.5g/t between 1930 and 1970."
 
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11.5¢
Change
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Mkt cap ! $16.40M
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12.0¢ 12.0¢ 11.5¢ $19.88K 172.5K

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No. Vol. Price($)
5 121208 11.5¢
 

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Price($) Vol. No.
12.0¢ 26755 2
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