Total resource is 1,100,000 ounces of gold
Almost 700,000 ounces in measured and indicated
Anyone that knows anything about mining will know that of the 1.1million ounces, there will be a smaller but materially higher grade resource that will be targeted for extraction first. I am looking forward to the scoping studies
The asset produced gold in the 80's and 90's and therefore, the metallurgy must be well known and the mining and extraction process previously used could be used again.
Little to no unknowns about the technical aspect of the project.
Market capitalisation equates to roughly A$8 per ounce of gold that the company has
Sits up the road from Mountain Pass REE mine and in the same geological setting
Two highly respected REE experts are on a webinar with the MD and they state that the Colosseum project is highly prospective for REE's
Directors are committed with big personal investments and a track record for success
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Total resource is 1,100,000 ounces of goldAlmost 700,000 ounces...
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