RNS 0.00% 6.7¢ renaissance minerals limited

re: Ann: Okvau Drilling - Multiple High Grade... I'm surprised...

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  1. 14,914 Posts.
    re: Ann: Okvau Drilling - Multiple High Grade... I'm surprised this isn't bolting today on the back of this drill hole.

    When you look at how open the whole area is with anomolies for 8km to north and also between the whole are from their current resource 500m away, this could really be a big find on a known gold belt.

    "Adding some further potential to the project is that existing soil geochemistry highlights anomalous gold in soil for a further 6-8 kilometres to the north, which runs along the margin of the same diorite intrusion that hosts the Okvau deposit - and remains largely unexplored with drilling."

    "What's important about the discovery is the location, being only 500 metres north of the Okvau Gold Deposit which already hosts a JORC Indicated and Inferred Resource of 12.6 million tonnes at 1.8g/t gold for 729,000 ounces."

    http://www.proactiveinvestors.com.au/companies/news/32487/renaissance-minerals-hits-near-surface-high-grade-gold-in-cambodia-32487.html
 
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