MMC 2.84% 68.5¢ mitre mining corporation limited

They will hit high grade gold/silver everywhere it’s finding...

  1. 4,297 Posts.
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    They will hit high grade gold/silver everywhere it’s finding where it holds together will be the key, it’s doesn’t need a 1 million oz vein as there will be no capex required apart from mine development. Several smaller shallow structures that hold together for 100-200,000oz total is all this needs for a startup. It has one mine ready to go 35k oz Aueq just need to dewater it back to the tailings dam. $10 million 4 rigs smash it out and see what they find in the next 12 months.
    200,000oz Aueq should be their target once they get that this thing will be away and fund a heap of exploration drilling.
    Please don’t tell me they have more than that already, they don’t, as only some of it is mineable, the rest is stranded including the Coyita vein under the lake.
 
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