I thought I would provide some information and timelines from Hillgrove Mine from the past 5 years.
August 2019- Red River Resources acquires Hillgrove Mine.
September 2019 -Begins sampling
July 2020- Begins drilling
December 2020 - Begins production from Bakers Creek stockpile.
July 2021- Provides an updated Jorc from 2004 to 2012. Gold from this update increases 54% Antimony increases 20%.
SINCE THEN
December 2021- Reports on 5 drill holes
February 2022- Reports on 4 drill holes
June 2022- Reports on 9 drill holes
July 2022- Reports on 1 hole "We are blown away by the high-grade gold from the first hole at Bakers Creek"
August 2022- Reports on 5 drill holes
September 2022- Reports on 10 drill holes
October 2022 Administrators!
December 2023 LRV acquires Hillgrove
January 2024- Drilling of historic Tailings Storage Facility & underground at Metz
I am so excited about the possibilities at this mine, all these drill campaigns above have included both Gold and Antimony. There is so much more to explore and Wacks great analysis (which I love) showing the depth which could be possible is mind blowing! It keeps growing.
Government funding regarding the Antimony down the track would really help this company move forward. Prices for Gold & Tungsten looking very good for the foreseeable future would make this a very commercial proposition!
Please note I am crappy at downloading past updates etc. sorry about that and this is my opinion only DYOR.
Have a great weekend guys!
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MAGNUM MINING AND EXPLORATION LIMITED
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