The projects of BMG Resources Limited today.
- Invincible Project - This is near Tanami which is owned by Northern Star Resources - (ASX: NST) and also the growing 1.495m oz Au resource of Calidus Resources - (ASX: CAI).
- Abercromby Project - This is near Thunderbox which is owned by Saracen Resources - (ASX: SAR) and this project has recorded previous multiple high -grade intersections including 57.5m @ 5.73 g/t Au from 80m.
- South Boddington Project - This is near the giant Boddington deposit (+40m oz Au deposit) which Newmont Mining - (ASX: NEM) is part of this area.
BMG is now well funded and holds a 100% interest in these three highly prospective gold projects in the Tier 1 world-class gold jurisdiction of Western Australia. The registry of share holders is tightly held between directors and institutions with a small amount of retail investors like me. The company will be drilling soon and has massive growth potential with low risk for investors in my opinion ONLY!
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Ann: Appendix 2A - Share Purchase Plan and Shortfall Offer, page-16
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