Yes, some very good intercepts amongst the 45 holes, that shows that the mineralisation is pretty consistent and possibly some new shoots and plunges that are additional. This deposit seems to get better each time it is drilled. Remember this is the starter pit with a target of 50,000 oz for toll treatment. at A$1600/oz at even $900/oz AISC this equates to A$35m.
Market cap is only $4m. Why isn't there more attention on this one? Perhaps the name change will help?
I'm set and waiting for the re-rate.
R
EXU Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
