- The development of 2.6mill oz@1g/t within 800m circumference..
- 3 rigs exploring another target less than 1km away that has 6 holes with 2 already producing [email protected]/t.
- $17mill cash
- PEA study underway
- a tenement 70km away that is 10x larger in area and has tens of thousands of rock chip sampling with surface gold, yet to be drilled.
- also multiple other targets within a 3km radius of current
resource that are yet to be drilled..
- all current exploration with 5x diamond rigs is exploring new ground. Ie no infill drilling.
- Also currently drilling deep holes up to 1200m in some areas.
- latest drill result suggests that there is a high probably one of their current assets Miraflores having more gold. They are testing double the depth currently.
Other than that, not much.. Just waiting for the market to turn and gold to rip..
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- Ann: 1.3Moz Resource at Tesorito grows Quinchia to 2.6Moz gold
Ann: 1.3Moz Resource at Tesorito grows Quinchia to 2.6Moz gold, page-362
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