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1.1¢ aston minerals limited

would not be surprising at all to see another project addedwith...

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redsceptre

5,336 Posts.

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05/08/20

10:16

Post #: 46311350
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Originally posted by VatreniHR: ↑

Indeed, IMO EUC is one of the most prospective junior gold plays currently on the market.

1. Unlike many juniors who have to continually return to the market to raise funds for exploration and dilute shareholders in the process, EUC has $9.5m in the coffers.

2. Edleston is an impressive project and the pet project of one of Canada's premier geologists, Dale Ginn (he has discovered over 10moz of gold alone).

With resource modeling on the existing Edleston drilling ($10m CDN, 46,000m worth) they should be able to model 500koz - 1moz. Dale Ginn's program will drill along strike, depth and further explore the high grade hanging wall. There is potential to add serious ounces to overall resources (1-2m+). Being based in the Timmins region, there are several existing plants in the area and all necessary facilities and infrastructure.

3. In addition to Edleston, they're looking at adding other Canadian gold projects, of which Dale Ginn would have excellent knowledge to source and conduct due diligence.

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would not be surprising at all to see another project added

with the cash int he bank, they have the firepower to do some parallel development to increase the odds of success

EUC Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $14.24M

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Price($)	Vol.	No.
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