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5.56% 5.7¢ aumega metals ltd

Ann: Drilling doubles mineralised strike at Window Glass Hill, page-22

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  1. fbx258
    6,278 Posts.
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    07/04/20
    03:52
    Post #: 43916067



    Canadian Gold 2.35k and our Neighbour MOZ-tsx brought out their long awaited PFS. Seems very conservative numbers used, up +15% today.
    https://hotcopper.com.au/data/attachments/2082/2082388-5c3268dbff62233e46c9cec64e4db366.jpg

    Cape Ray project PEA under Benton using a very small scale mining operation pre drilling and expansion that MZZ done.

    They used 1600cad gold versus 2.3k currently. AISC on a small scale operation was 880usd.

    MZZ should show a much improved PEA + additional ounces + 700 per ounce Gold price increase.

    https://hotcopper.com.au/data/attachments/2082/2082390-0fa0e729fc120af57a02d0a5c0ed0b41.jpg


    MZZ Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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