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Ann: Longer Term Potential Indicated for Portia Gold Mine-HAV.AX, page-2

  1. 2,814 Posts.
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    Fantastic.

    This confirmation of very good gold grades with some width looks like extending the mine life at Portia significantly.

    HIGHLIGHTS
     High grade bedrock* gold drilling intersections from southern extensions, including 6 metres of 53.6 g/t.
     Base of Tertiary gold mineralisation averaging 12.2 g/t over 2 metres thickness in southern extensions.
     Primary vein/replacement style bedrock gold mineralisation system confirmed in pit floor.
     Revisions to the mining plan will transform the Portia Gold Mine into a long life mining operation.
     Potential for long term sustained cash flow from the Portia Gold Mine beyond its current life of six months.

    Cheers
 
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