AL8 0.00% 0.4¢ alderan resources limited

Ann: High grade oxide gold mineralisation in all Drum drill holes, page-4

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  1. 1,238 Posts.
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    looks like management read my post about heap leach operations in the us - second dot point in the highlights

    anyway, i think with the context of the potential for a large scale low grade operation to be highly profitable that the company can start to focus on that aspect and sell that potential. this focus will also shift targeting for future drill holes, and the resource boundary definitions. a 'geologic target' based on this low grade scenario would be instructive and point to where this drum could roll.

    with the current ~$8mill mc these are cheap ozs in my estimation.
 
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