Like another poster wrote....YAWN..
Compare it with this one Meteor.
""(This is what a good gold projects looks like. And it has now been
•32 diamond holes have been drilled into the project delivering numerous high grade intersections including: ◦2m @ 32.4g/t gold from 19m
◦1m @ 958.4g/t gold from 239m
◦2.5m @ 38g/t gold from 174m
◦3.9m @ 39g/t gold from 121m
◦3m @ 19.9g/t gold from 214m
◦1m @ 125.9 g/t gold from 83m
◦3.1 @ 14.4g/t gold from 59m
◦3.1m @ 16g/t gold from 101m
•Santa Teresa has an existing Mineral Resource estimate of 64,000oz Au Inferred grading at 8.7g/t, reported at a 4g/t cut-off. However, individual assay grades were capped to 20g/t)""
Yep , look at their cut off grade. And guess what they are buying the mine for.?? $20mill.
Most importantly, and different to our cut off grade, they have those results at none other than 4g/t not like ours at Cut-off 0.5g/t Au.
Go figure.
Yawn again.
How much does it cost to get gold and processing it ready to sell for, at .5g/t.??
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- Ann: Mt Freda Complex Global JORC Resource Estimate
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