WGR is keen to reach the 2 m level of resource, agree with results inc "Visible Gold" looks promising for the Jupiter Zone going forward.
WQuote, "On 23 February 2010, the Company announced it had achieved the majormilestone of a ?maiden? JORC Identified Mineral Resource estimate comprising 5.3Mt at 6.1g/t gold equivalent for 1,037,600 gold equivalent ounces (Table 1) for the Rover 1 gold-copper deposit.Importantly, approximately 70% of the resource is included in internal high-grade gold and copper zones totalling 2.4Mt at 9.3g/t gold equivalent for 728,700 gold equivalent ounces .Please refer to the Company?s ASXannouncement dated 23 February 2010 for further details.The high-grade gold and copper dominant zones are considered fundamental to the future development of the project economics and development strategy for the Rover 1 deposit. The Company is aiming to increase these internal high-grade gold and copper zones to include more than 1.0M AuEq ounces during the 2010 drilling programme.
DYOR , Long period of consolidation / Announcements expected regards T/Overs / Clawback / High grade Au d/ holes DYOR GL. IMO Turnaround could occur in a rush if "Moons" align. TWT.
WGR Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held
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