Here is a quick cut and paste from the summary of CYL announcement today re it's Victorian ground. You are all about to join a well run company that has the potential for some serious growth.
Major breakthrough in hunt for extension of Bendigo Goldfield with consistent visible gold across 350m strike at new Iris Zone New high-grade zone has shown eight visible gold samples across what appears a continuous zone of mineralisation, immediately beneath Boyd’s Dam Key Points • Drilling resumed at Four Eagles Gold Project after delays from seasonal flooding • Eight holes have reported visible gold samples • All samples lie within what appears a continuous zone of mineralisation • Iris Zone extends over 350 metres in strike length; remains open north and south • Assaysreceived to date include: 5.6m @ 54.0 g/t Au, 1.0m @ 150 g/t Au, 1.3m @ 77.9g/t Au, 5.5m @ 10.4 g/t Au and 5.4m @ 5.2g/t Au • Iris Zone presents first clear proof of concept that Four Eagles contains the same structural style as the 22-million-ounce Bendigo Goldfield, where high-grade mineralised zones repeat at depth • Importantly, Iris adds to the number of high-grade zones close to the proposed exploration tunnel, potentially changing project economics
I hold CYL and I also hold LSR so I know a little about VAN and how it's been traveling. Personally, I'd love to see CYL take over LSR as well!
Welcome to CYL y'all!
VAN Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held
