I must admit its pretty exciting especially the way SL has always spoken very highly of these deposits especially Glenburgh.Highlights – Glenburgh Gold Project:
• Resource extension drilling at the high-grade Zone 126 gold deposit has returned: ▪ 12.0m @ 4.40g/t gold from 157.0m, incl. 5.0m @ 9.10g/t, and;
▪ 4.0m @ 6.0g/t gold from 191.0m, incl. 1.0m @ 20.80g/t (GRC22002) ▪ 6.0m @ 6.40g/t gold from 145.0m (GRC22003)
▪ 13.0m @ 5.33g/t gold from 137.0m, incl. 5.0m @ 8.70g/t (23GBRC003)
I feel that not much will be done in the near future to explore the areas as they stated it was only to keep them in good standing. But I feel that once we are back online pouring Gold bars at Dalgaranga im guessing the drilling will commence there again.
If they could pull another million ounce MRE out of Glenburgh what sort of value does that add to the MC ? Considering some of those recent intercepts it certainly looks like we are blowing the current 1gt resource out of the water, so to speak.
Could this be a another high grade deposit, maybe to early to tell, but geez we are certainly on the right track I think.
GLTAH
DYOR
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