Disallowed - Barrick takes strategic stake and farms in $10M USD, page-416

I bought into this one mainly due to its location and acquisition of the Ianna gold project.
Location is excellent with multi-million ounces existing gold projects in the area.
The upside depends on future drilling results.
Currently it is still a spec buy. It's good to have few investors on board, including Sprott, Bank of Nova Scotia.

Historical shadow drillings (only drilling 50-60m below surface) reveal good results:
- 50m @ 2.47g/t from 10m to end of hole
- 48m @1.19/t from surface

The Ianna Gold Project area is host to existing drilling associated with extensive surface geochemical survey work completed. Over 12,400m’s Reverse Circulation and 926m’s Diamond drilling historically covering limited strike extent drilling to shallow depth, with ~95% of drilling testing less than 50m below surface.