G88 golden mile resources ltd

Ann: RC Drilling Completed at Quicksilver, page-39

  1. 4,122 Posts.
    lightbulb Created with Sketch. 1001

    Another great find. Thanks, Peakseeker:




    I like this bit towards the end:


    Ngaire McDiarmid, Mining News
    : What do you see as Golden Mile’s investment highlights?

    Damon Dormer, Golden Mile Resources CEO: Well, the key to me that really stands out with Golden Mile is we’re firstly seeing that we've got the potential to have a high-grade core to this or body which will be an absolute paradigm shift for the way we approach the Scoping Study which we're looking to move into.

    We’ve got a current Market Cap of only about $11M today but we've got over $5B dollars in in-ground value. And when we really compare that to what the discovery cost (if we look at about a AU$77/t discovery cost versus a nickel price around AU$31,500/t) Golden Mile represents a greater than 99% discount to the in-ground metal price!



    Last edited by Nowhere Man: 09/09/23
 
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