PDI 5.77% 24.5¢ predictive discovery limited

Ann: Power Auger Drilling Underway at Kaninko Gold Project, page-12

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  1. 156 Posts.
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    Hello,
    This news is a significant step in the right direction to adding value to investors. I will commend management to strategically allocating resources to achieve these program. If management is thinking to pump up the SP, they only need to put infill holes in the known mineralisation corridor which will retain favorable assays however the true intrinsic value of the project is investigating the extent of the anomaly.
    We already have a 450m area at an average surface grade of 0.25g/t, this is huge. One would ask me why I taught this is huge?

    • 450 (strike length) X 50 (dip extent) X 15 (mineralisation span) X 3.1 (SG) = 1046250t = 1million tonnes @0.25gt

    DYOR
 
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