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2.56% 3.8¢ askari metals limited

Ann: High-Grade Gold Intersected in Final Results at Burracoppin, page-10

  1. FingerLicking
    1,913 Posts.
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    25/10/22
    08:15
    Post #: 64372635
    yesterday morningstar published the below news about this announcement; noteworthy is that Burracoppin is along strike of RMS' Edna May which has an annual production rate of 66koz to 99koz per year:

    https://hotcopper.com.au/data/attachments/4777/4777643-2f231a15bb41af2ccbf97eed5c36f593.jpg

    our Easter Gift prospect returned 03m @ 17.41g/t gold from 73m depth, including 01m @ 45.50g/t gold from 73m depth, which is considered high grade as that's above 5g/t. therefore i'm convinced a JV/production/spin-off announcement, one of several, is incoming in the very near future; exciting times to be a holder!

    https://hotcopper.com.au/data/attachments/4777/4777627-071816515348d2561754d4b49824fcef.jpg
    AS2 Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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