GSR greenstone resources limited

Ann: Extensional Drilling to Commence at Newminster, page-2

  1. 2,930 Posts.
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    Nice - proceeding as planned. Looking forward to the results.

    Meanwhile, we know that the restart of mining at Burbanks is proceeding. The decline was 25% complete at the last update on 8 June, with full completion predicted by end of July. Then lateral development through Q3 and into Q4, followed by production.

    As that gets closer, interest will build. Good drill results from Newminster would help of course, but production at Burbanks should, on its own, transform Barra.

    Then there is the Mt Thirsty JV Cobalt project, and Cobalt prices are rising again.

    Barra looks like having excellent prospects from here onwards.

    Cheers

    Dave
 
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