'Anyone planning to develop land or use land in a way that might disturb an Aboriginal site or object should be aware of their legal obligations and make a reasonable effort to find out if any sites exist in the relevant area.'
So it seems after this progress on the Gladiator project will continue. The main positive of Gladiator is that the market is primarily concerned with the Warrior PGE-Ni-Cu and the current MC is mainly reflective of an increased confidence in the mineralisation of that region following the initial AEM results (&CHN 'nearology' of course), with gladiator having little play. Gladiator is currently overshadowed, which makes sense in the current environment (slumping gold prices, no mentions in recent announcements, crazy warriror AEM) and metals in the PGE group like palladium being even more expensive than gold.
Historical drill results are
- 11m @ 4.64g/t Au from 61m, including 1m @ 37.2g/t Au from 65m, in drill hole WGC89
- 11m @ 2.75g/t Au from 59m, including 1m @ 11.47g/t Au from 60m and 1m @ 4.06g/t Au from 67m, in drill hole WGC98
- 17m @ 1.16g/t Au from 43m in drill hole BCP318
- 15m @ 0.93g/t Au from 54m, including 1m @ 3.56g/t Au from 56m, in drill hole NGV58
- 23m @ 0.70g/t Au from 44m, in drill hole BCP362
- 5m @ 1.05g/t Au from 97m, including 1m @ 2.89g/t Au, from 98m in drill hole LJC0075
The Beasley Creek Mine produced 798,314t @ 2.59g/t Au and the Lancefield Mine produced 1.32 million ounces of gold & are in close proximity to the tenements and there you can see red 5's KOTH deposit to the west.
It's not a lot to go off yet but provides some background, especially with some of the higher historical grade intersections up to 11 & 37 being encouraging. I think poor results from gladiator may be very discouraging but having not been priced in would not be detrimental and could be shrugged off by any hits in warrior, but good results will be surprising and add some great value to the company, so its just a nice plus to have for PUR.
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Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $22.40K | 7.466M |
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No. | Vol. | Price($) |
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6 | 12433101 | 0.3¢ |
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Price($) | Vol. | No. |
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75 | 72343997 | 0.002 |
28 | 66900453 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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