Strike length of suspected gold mineralisation totals 5km...

  1. 3,311 Posts.
    Strike length of suspected gold mineralisation totals 5km between Glen Wills and Sunnyside.

    If they can keep pumping out mineralisation as below every 200m this is going to be a mother of a deposit.

    Mr Sadler has mentioned in a past BRR radio announcement that they hope to see an operation of 100,000oz pa with a 20year+ mine life.

    Not without its risks, but if the gold price breaks through $1k/oz this will be a violent ride.


    Scoping study now overdue and only a few months of cashflow remaining.

    ===================================================
    "As a result of the successful drill out of the Glen Wills South Panel completed in January 2009,
    sufficient information has enabled the company to extrapolate the exploration potential of the
    south end of the Maude Mine a further two hundred metres along strike and 100 metres down
    dip.
    This has resulted in an additional resource potential of 133,000 ounces of gold and represents a
    39% increase over results previously announced on 19 April 2007. A further increase in the
    silver inventory is also anticipated."
 
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