Fully diluted, the market cap of IGC is approaching $100M.
GAU have est. 74 Mt @ 4 g/t. Any more?
International Goldfields Limited
18 Oxford Close Leederville WA 6007
5 May 2008
IGC and partners confirm 12.4Moz initial resource at Bushveld Platinum Project in South Africa
Significant resource increases expected as further assay results are received
Inferred resource of 35.7Mt at 4.1g/t for 4.7Moz (3PGE+Au) over a Merensky average reef width of 1.32m.
Inferred resource of 31.2Mt at 7.7g/t for 7.75Moz (3PGE+Au) over a UG2 average reef width of 0.67m
As only 40% of drill holes have been analysed for this resource, there is a strong potential to double the resource based on drill hole data, aeromagnetic data, geological mapping and reef characteristics.
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- slv literally have gau on the map
slv literally have gau on the map, page-3
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