It is worth reading up on the Chatree Gold mine operated by Kingsgate as mentioned below by TNC.
I know this is all nearology, however the high grade results already display a strong likelihood the drill results may confirm a very large high grade gold strike.
Also Andong Bor is already a mine, they know it has gold. It is going to just be a matter of how much and at what grade not if there is any.
Between Banlung and Andong Bor TNC is sitting on something potentially quite significant IMO. And I would bet developments are being watched very closely.
No wonder the interest is building so strongly in TNC.
"The project is located in the Loei – Petchabun Volcanic Belt (LPVB) which is a package of Permian volcanic and intrusive rocks tracing the edge of ancient colliding plate margins. The belt is well endowed with gold and base metal mineralization and hosts the 1.7 million ounce (Moz) Chatree Gold mine operated by Kingsgate Consolidated Limited in Thailand (with a total Resource of 4.8 Moz Gold). The LPVB is an arcute belt in a north-south orientation through the center of Thailand that can be traced for a further 500km and into north-west of Cambodia"
TNC Price at posting:
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