Thats a solid first jorc announcement by GDM. Even at the low cut off grade they would net $700 an ounce at current gold prices...so worth circa $35m in net cash flow. One would assume the infill drilling and deeper drilling could increase this to 65,000+ ounces and increase the grades thereby cutting down the amount of dirt to shift to get it.
well done to Justin and his team.
so far so good.. looks like a steady little ship
Ann: Initial JORC Mineral Resource Estimate at Yellow Jack, page-2
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Last
40.5¢ |
Change
0.015(3.85%) |
Mkt cap ! $12.56M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 38.0¢ | $3.408K | 8.714K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19237 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 1448 | 1 |
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| Last trade - 11.10am 22/07/2025 (20 minute delay) ? |
| GDM (ASX) Chart |