Finally the market is starting to pay attention
GOLDCopper
- Hog Ranch Nevada
- 210m @ .66g/t from surface (inc 12.2m @ 6.45g/t)
- 100.6m @ .77g/t (inc 44.2m @ 1.54g/t)
- 56.4m @ .89g/t (inc 30.5m @ 1.44g/t)
- This is a heap leach project - 3.1km x 1.5km of strike so far - resource upgrades to come
- The small scale starter operation had AISC at $902/oz (an operation at scale could be even cheaper)
- That's a lower AISC than Northern Star, Newmont, Barrack, Goldfields, Agnico Eagle, and every Newcrest mine with the exception of Cadia
- Hillside South Australia
- Approved and permitted
- Resource 2mt contained copper , 1.4moz contained gold
- At current Prices NPV of stage 1 project circa $1Billion - POST TAX NPV $1.4 Billion at $4/lb
- AISC US$1.60/lb
.... compare it to other projects and market caps - they look like a steal
DYOR
GLTA
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