CRB 0.00% 0.4¢ carbine resources limited

Ann: CARBINE HITS VERY HIGH GRADE ZONES AT NIMBO , page-4

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  1. 428 Posts.
    re: Ann: CARBINE HITS VERY HIGH GRADE ZONES A... Hayden, it is too soon to estimate a resource, IMO.

    But looking at the fact that the Madougou Gold Project covers 1,464km2 that are criss-crossed by multiple Au mineralised zones the resource is shaping up to be massive.

    What I like most about this explorer is that it's finding high (and very high) grades at shallow depths. It's the high grade shallow resources that become profitable (open cut) mines.

    There are many profitable low grade gold mines out there but keep in mind that only about 1 in 20 explorers ever turn a profit.
 
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