KZR 3.75% 7.7¢ kalamazoo resources limited

There is no doubt KZR has potential as a gold exploration...

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  1. 1,522 Posts.
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    There is no doubt KZR has potential as a gold exploration company in Victoria's Castelmaine Goldfields - IMHO/DYOR:
    1/ "Finding the hard rock source of the alluvials has been the exploration mantra of the goldfield in the modern era"
    2/ KZR has the benefit of the information from a massive database and drill cores kindly left behind by the departing LionGold from almost 20 years of work in the field. Chair Reinehr says it probably has a $20m replacement value.
    3/ The average historic drill hole depth in the goldfield is only 137m
    4/ KZR is well funded as has potential to spend on exploration $7m
 
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