De Grey Mining (DEG) has MC is approx. $400m for 1.8g/t Au for 2.2M oz. (Inferred and Indicated) and previously posted Bellevue BGL rose to a MC of $420m on the release of 11.3 g/t for 2.2Moz on an INFERRED measurement basis only.
For newcomers on the share register:· VAN’s cut-off grade is 3g/t Au !!....· VAN has not drilled below 250m (assuming more at depth)· VAN’s total drilling to-date is less than 5% of the total tenements held
o PHB Corridor7m @ 103.6g/t Au from 48m, including 3m @ 240g/t Au5 15m @ 6.51g/t Au from 118m, including 5m @ 12.5g/t Au6 3m @ 19.7g/t Au from 126m64m @ 11.8g/t Au from 134m, including 2m @ 20.3g/t Au5 o Trident Corridor10m @ 22.6g/t Au from 50m, including 6m @ 33.3g/t Au3 4m @ 11.0g/t Au from 81m, including 2m @ 20.7g/t Au3 15m @ 4.15 g/t Au from 34m including 9m @ 6.62 g/t Au4 o Triple P Corridor4m @ 50.6g/t Au from 81m, including 2m @ 99.1g/t Au1 3m @ 38.0g/t Au from 97m, including 2m @ 56.1g/t Au1 14m @ 6.99g/t Au from 48m, including 7m @ 11.9g/t Au2
Bring on the upgrade
VAN Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
