Oh gee, a new preso from TAM that goes some way to de-mystifying reasons behind Groundrush purchase from Newmont.
How about that.
Gives some excellent schematics, assay numbers and photos from GR and some of the 43 surrounding pits in the acquired ELs and MLs.
All good for TAM going forth...to increased production, exploration success, etc.
Coyote measured resource will come as a shock to some ppl with it's grade: 708,000t @ 11.5g/t for 261,000 oz. Pretty high grade and more down there IMO only.
I'm sure mgt will be happy to reply to any queries you may have that aren't price sensitive, Zia.
Now, if they can reign in refurb costs for Groundrush to well under my guestimate and add in any ABU exploration success down the track (or should that be "trail"), TAM just might become a second tier gold producer.
Have a read folks, very interesting.
Best wishes,
TAM Price at posting:
4.0¢ Sentiment: LT Buy Disclosure: Held
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