G88 0.00% 1.0¢ golden mile resources ltd

Yes, and one might add that the Company raised in June, and...

  1. 4,061 Posts.
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    Yes, and one might add that the Company raised in June, and finished the Quarter with $2.36M.

    Would expect a major re-rate on the back of all the immediate lab and fieldwork that is underway or planned & costed long before another raising.

    That includes results of the Met 3 Testwork on the existing Quicksilver Oxide resource (which, for those with eyes to see, could deliver some delicious numbers), and drilling for both Quicksilver Primary (targeting primary REEs and disseminated nickel) and, at Yuinmery, first-pass exploration of highly prospective targets within that massive gold-in-soil anomaly.

    Here's a picture of the latter - and note the caption: it's big alright, runs parallel to, and is only 11.5km distant from, Rox' 3.2Moz Youanmi Gold Deposit:

    https://hotcopper.com.au/data/attachments/5485/5485975-20d3e2aac7312566363edff8531c8d32.jpg


    Of course, if some strategic investor came along with something extra to offer ...a premium raise or perhaps certainty of future funding ...well, maybe you'd think about it.

    Meanwhile, G88 is choofin' along beautifully - and, likely, just about to enter a purple patch.


 
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