Before everyone gets all defensive I do hold EKM so would like to be wrong!!
We are going on about only drilling/explored 1.5% of our land lease drilled so imagine the potential.
But the Yamarna greenstone belt that is producing all these great results does not cover the whole area we hold or else EKM would be worth 10buks a share already. So in reality there will be a huge amount of dead land that will contain zero gold but no doubt small trace amounts of other metals that will be useless.
I am no Geo but surely there is a limit to the amount of land we hold that has a possibility of gold being found.
Does anybody know how much of this land we have that contains the possibility of gold. e.g the size of the Yamarna Greenstone belt.
Going to the company website reads "The Company owns 100% of the Yamarna Gold Project, a sizeable tenement package totalling approximately 3,200km2, covering the majority of the Yamarna greenstone belt."
But does not state size of Greenstone belt.
Cheers
Goldie
EKM Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held