HCY halcyon group ltd

unrealistic, page-22

  1. 768 Posts.
    re: patience is a virtue - Its probably a bit early at this stage to conduct valuations as we really require ( approx ) resource estimates which they are currently working on and ( have provided ) for the copper project . so far they are putting down 12 holes for the copper and require another 38 to get JORC standard which will take a little longer .
    The gold zone is another ballgame and as they have multiple interests it will be a case of capital allocation to priority targets . The possibility of a 100,000 gold deposit at Bardoc is plausible as thus far they have delineated the three major gold areas marmont ajax emperor and all they require is some additional exploration capital to thoroughly rework and reanalzye these areas which will be facilitated through stage one operations .
 
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