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Ann: Agreement to Acquire the Kada Gold Project in Guinea, page-34

  1. 1,395 Posts.
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    Secured me a nice stash of GMR at a pretty reasonable price (I would have paid more if I had to) now feeling good to post.

    First thing I think this acquisition was very very underrated by the market the comps, I saw CHZ blast off yesterday and while I understand why as the drill porn was strong it's just one drill fence so far, PDI it's rated very highly for what is assumed consistency, OKU been trying to scrape up a maiden JORC since 2015 still delaying looking for more, these are $100mill companies in Africa, I think this portfolio deserves to join them.

    We see the success stories of where it can lead WAF with their amazing high-grade pipe discovery and the battle royale going on for CDV ounces right now, asx african gold plays have never looked better.

    So this pick up I was looking over it's a massive gold system
    https://hotcopper.com.au/data/attachments/2335/2335010-0c8155b8be34f927face1b02a02f7129.jpg
    The A to B cross-section shows it's at the surface, it's consistent, it's got a nice grade, it's completely open up and down strike and also depth.

    So we have a ready to go potential multi million-ounce deposit to calculate and 10km of undrilled super high-grade soils as well.

    This looks stellar, can't wait to see an initial resource on it and know we can probably immediately double that number with some deeper drilling and then go hunting these very high-grade soils for more, this is giving me CDV vibes I haven't felt since 2016.



 
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