There is an enormous amount of interest in the Victorian goldfields now, and with very good reason. Most people seem to be aware of the very high (and very profitable) gold grades at Fosterville and Costerfield, which are now being matched (or some say bettered) by the Sunday Creek project, but there are numerous companies now actively exploring the potentially very rich pickings in Victoria, including INF, CYL, KAU, FAL, S2R, KZR, NSM, BUS, SX2, NAG, AIS, AKA, ADG, and now with ALK joining the party through its merger with Mandalay.
AVM have been getting some very impressive gold hits at Happy Valley, including 8.2M @22.4g/t, 3.2M @ 54.7g/t, 7.5M @ 47.9g/t, 11.5M @ 160.4g/t, 0.6M @ 170.6g/t and 5.9M @66.2g/t. And these are assays, not rock chips.
With only 1% of the Happy Valley trend so far drill-tested, and with Happy Valley being only maybe one quarter of the Myrtleford project, the future for AVM is looking pretty exciting.
And then there's the amazing silver hits at Yoquivo.
AVM Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
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