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2.3¢ a1 consolidated gold limited

Ann: High Grade Resource Update from Phase 1 Drilling Campaign-AYC.AX, page-3

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retiredyoung

8,751 Posts.

782

08/07/16

11:35

Post #: 18224045
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Sounds good:

Executive Chairman, Dale Rogers commented, “following the very high grades reported from the Phase 1 drilling the grade of the Resource is double the previous estimates in this area.

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We spent approx. $300,000 on drilling, assaying and modelling over 8 weeks which defined over $17m worth of gold at today’s prices.

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However, I would expect most, if not all of these ounces will be mined within the next 6 months in addition to the other areas we are presently mining.”

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AYC Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
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