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FWIW - looking back down the annals of time …. from a Mining...

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    FWIW - looking back down the annals of time ….
    from a Mining News May 2016 take on a webinar interview with then CEO, Mike Dunbar:
    https://www.miningnews.net/resourcestocks/news/1249166/boo-speed-gascoyne-start
    Titled:BOO could speed Gascoyne start 08/05/2016
    ..Glenburgh is a craton-margin style of deposit and these deposits worldwide are very large systems.
    It’s the only large-scale gold system that’s been discovered in this entire district so far and we’ve tied up the entire district – over 70km of strike length so far.
    The closest analogy to the Glenburgh system in WA is actually Tropicana, where they [AngloGold Ashanti and Independence Group] have about 8moz gold system so far.
    “The shield margin [type] deposits, as they’re called in Canada … can be tens of millions of ounces in size. And so I think the market is yet to appreciate the potential of Glenburgh. It’s a large system that could turn Gascoyne from a 100,000ozpa producer into a plus-200kozpa producer.
    “It’s a massive system and it has potential to be a 3-5moz system if not larger, so we’ll certainly be pushing that exploration target going forward and using the cash flow to come out of Dalgaranga to help push that forward, and evaluate that district more fully.”


    It would be pretty amazing if Glenburgh kept giving!
    Last edited by sabine: 30/10/23
 
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