AAU 33.3% 0.4¢ antilles gold limited

Ann: Continuing High Grade Gold and Silver Results In Cuba, page-2

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  1. 8,737 Posts.
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    Table 1 from the announcement shows decent gold and silver grades and mention is made of progress.

    Drill Hole
    P-005 - 9.0m at 5.85 g/t Au & 140.2 g/t Ag from 103.0m
    P-106 - 8.0m at 14.3 g/t Au & 278.9 g/t Ag from 160.5m incl 3.0m at 21.13 g/t Au
    P-042B - 10.0m at 12.15 g/t Au from 122.0m incl 3.0m at 33.47 g/t Au
    P-114 - 11.0m at 8.87 g/t Au & 87.2 g/t Ag from 159.0m incl 2.0m at 29.35 g/t Au
    P-25A - 18.0m at 5.79 g/t Au & 21.24 g/t Ag from 230.0m incl 4.0m at 15.6 g/t Au

    Elements of the Definitive Feasibility Study (“DFS”) for the La Demajagua open pit mine including detailed design of mine infrastructure, environmental approvals, geotechnical and hydrogeology reports, and metallurgical test work for the design of a 1.0 million tpa flotation circuit, and establishment of recoveries and concentrate grades, are progressing to schedule, as are negotiations for the sale of concentrate. The DFS is expected to be completed in November 2022.

    Also of note is more on market purchase of shares and reference to delays in results from Canada.

    Hopefully interest in company will pick up by the time the DFS is released late this year - currently both interest and sp is dismal so much so, that I bought a parcel this morning as at these levels there should surely be more upside as against down??
 
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