PGD peregrine gold ltd

Ann: 8,100m AC Drill Program at Tin Can, page-15

  1. 6,517 Posts.
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    The gold as reported by CRA sits on a conglomerate basement -similar to Beatons Creek which has always been considerd to be a Witswatersrand setting. The entire area is of fluvial origin much of which is underlain by conglomerates like the Rand. Its screaming out for trenching or large dia rotary. Its never been done - never ever - imagine delineating discreet tonnages of high grade at 3/gt to only 20 metres depth with ample water. A licence to print money at current gold prices even if it only averaged 0.3 g/t. Bring it on -


    https://hotcopper.com.au/data/attachments/6952/6952852-6479307a312e2e6604ebba86ece46002.jpghttps://hotcopper.com.au/data/attachments/6952/6952855-2bbd07b5bd97e60b54291c8828200100.jpg




 
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26.5¢
Change
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Mkt cap ! $22.48M
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30.0¢ 31.0¢ 26.0¢ $184.1K 675.5K

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