60 m it can do a lot.

I find it interesting that they plan another 5000m of drilling before wet season. And unlike most juniors who have limited fund and are looking for bang for bucks would do follow ups of 372, but they know it won't move.
And are drilling there plan, this could easily be the world class deposit they have talked about.
When you look at the deal they have structured it really is a stand out.
Especially how they can sell 20% to fund there 20%.
Patience is required but 60 mil can buy a lot of drilling and in the end it's what the deposit needed and deserved.


Results like this will get rid of geologica pretty quick and allow it to move.
The best thing for the jv is results like this will make MMG drill hard and get the resource ready to mine. As its gets bigger the costs which where 4.35 us a pound will reduce. I think this will make Shaw's job of getting rid of geologica a lot easier.

Roll on Mt woods also MMG must be starting to feel very vindicated in jv ' ing in to Tanzania.