CAY 2.60% 7.5¢ canyon resources limited

re: Ann: High Grade Gold Intercepts at Tao Pr... UmizoomiHM ozs?...

  1. 211 Posts.
    re: Ann: High Grade Gold Intercepts at Tao Pr... Umizoomi

    HM ozs? depends on grade as well. I think the Met will be fine. The guys might need about 1m ozs...mines have been built on less than that and the Youga deposit in eastern Burkina was one.

    The mineralisation looks good, some nice thicknesses, and we can see some stacking of quartz veins as well. A shoot or 2 is possible.

    These are early days, but these guys have stuck to their guns, not gone mad with a drill rig, and gradually built things up I like some of the releases which suggests they are thinking about their geology very carefully. No outlandish statements from Mngt.

    They have a good team in the field now, low cost and focussed.

    I will not be surprised if they move to 1 m ozs by the end of the year. One to watch for me,



 
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