JRV 0.00% 1.9¢ jervois global limited

$31 bil in ground...$0.10 expect, page-2

  1. 2,036 Posts.
    Not only that, JRV has taken over the mines where Resolute RSG used to mine, RSG move to bigger and better things o/s.

    we have 5 more days till mining is in progress, we will see bigger and better things to come.

    The project currently contains resources calculated by Resolute of some 9 million tonnes containing 430,000 ounces of gold.

    Resolute produced some 180,000 ounces of gold from the Project Area before ceasing operations

    The Company is also investigating by drilling the CKGM laterite dump that was last drilled by Resolute in 1995. Assay results are expected within 7 days. This dump is located just north of the Great Eastern Highway and has been partially drill tested by Resolute. It is within easy trucking distance to the Company's operating heap leach pads although if the investigation concludes that the grade is sufficiently high the ore will be trucked to a treatment facility at Coolgardie.

    The Bullabulling Project which is located 70 kilometres from Kalgoorlie and straddles the Great Eastern Highway contains tenements that were acquired by Resolute Limited in 1993. In 1995 these tenements were amalgamated with those from the adjacent Central Kalgoorlie Gold Mines (CKGM) tenements and a 1.1 million tonnes per annum mining operation was commenced. Resolute ceased operation in September 1997 to concentrate on its Bulong Nickel project and overseas gold interests.

    Good luck to JRV holders, lets hope they are another PNA

 
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