Summary - Gold everywhere they look. They currently have about 488k ounces @ 5.1g/t on this one asset, and its obviously growing quickly. Another resource upgrade coming this year.
I will take a lazy bet this will exceed a million ounces over time. The geology is wide open with very high grade. Some of the surface hits are very high grade. The regional targets are everywhere. The paleochannels are no brainers with half ounce grades plus grades.
They are drilling Paulsens as we speak. That could change our status on success. That is a nice mill waiting for some more ore. I would like to see that puppy up and running next year. Lots of capacity there. Grade is king.
Ann: Shallow High-Grades Continue at Coyote Central, page-2
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