Totally Agree with you . Looks pretty good and extremely reasonable valuations.
Lead Project: Hodrusa-Hamre: Established +2.4 Moz Goldfield, Slovakia Large under explored epithermal gold project, located in a proven producing 2.4Moz gold & 120Moz silver field. Circa 90% of entire goldfield now held and wholly owned by Prospech.
Exciting Mix of Brownfields & Greenfields Drill Ready Targets to Provide a Strong Pipeline of Results: Brownfields drilling targeting along strike and below existing high grade workings at Schopfer. Greenfields drilling targeting newly discovered visible gold occurrences at surface at Nova Bana & Pukanec
Exceptional Management Team – Outstanding Track Record in Deriving High Value from Epithermal Projects ($1.3B Bolnisi Gold Takeover in 2007) Key board members have experience in discovery & development of globally significant epithermal deposits (Bolnisi mine Georgia & Palamjero, Mexico) culminating with Bolnisi being taken over in 2007 for $1.3 billion. The board has recognised very close similarities and characteristics of Hadrusa-Hamre to the early days of Palamjero. Prospech also boasts a strong and established in country technical team.
Outcome of a Recent Geological Reinterpretation of the Field Could Prove to be a Game Changer 90% of adjacent mining operations high grade host mining unit is now believed located on Prospech ground. Drilling at Bauch and Ignac now underway. New interpretation recognises a low angle detachment fault host to the 14-16gpt lodes and a strong geological analogy to the Emperor Gold Mine in Fiji and Dundee Precious Metals’ Ada Tepe Mine Bulgaria
Slovakia a Mining Friendly Jurisdiction, supportive of mining within a European Union legal, accounting and political framework. Strong history of mining with over 1000 years continuous mining in region underscoring a strong national mining culture.
Targeting: 1Moz Au Eq Resource Inventory by end 2021. Exploration target for the project has been set at between 1.4 and 4 Moz
Should do well
GLTAH
ALL IMO
DYOR
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Mkt cap ! $10.89M |
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1 | 600000 | 3.0¢ |
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3.4¢ | 189182 | 1 |
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1 | 600000 | 0.030 |
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0.034 | 189182 | 1 |
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0.036 | 18520 | 1 |
0.037 | 50000 | 1 |
0.039 | 70000 | 1 |
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