This fantastic news keep the faith @Bazz88. The Mt Edna mine is next door and this mine has been incredible, i have included some information below. If we find any thing close the the scale of Mt Edna mine the price will fly i cannot believe this has a market cap of 8.2 mill.
The Mt Edna has had historic underground mining between 1911 and 1948 recorded production of 570 kt at a grade of 19.3 g/t. Up to 7 high-grade quartz ‘reefs’ were mined, reaching a depth of 250m.
The deposit has recorded production of over 1 million ounces, with over 500,000 ounces produced since 2011 under Evolution ownership. Annual production since 2011 has ranged from 66koz to 99koz.
Did anyone notice that MoH management has taken 2 new leases both east and west of the one shared with IGO. Mt Edna Mine is an east to west running fault. This was also a very wise move made by management as these new leases are on the east and west boundary.
Also did i mention that the Mt Edna mine has the Edna May mill. It is a 2.9 million tonne per annum (Mtpa) conventional CIL gold plant comprising of 2 stage crushing, SAG and Ball mill, gravity circuit and leach. 50% of Edna May gold is recovered via the gravity circuit. Total recovery is around 93%. This is only 22 Kms away.
If a discovery is made at Burracoppin this stock will skyrocket.
Good luck to all.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.157M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $463 | 115.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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15 | 5705419 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 750000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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15 | 5705419 | 0.004 |
14 | 10409939 | 0.003 |
8 | 13788097 | 0.002 |
6 | 17800000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 750000 | 2 |
0.006 | 999900 | 2 |
0.007 | 4238977 | 5 |
0.008 | 100000 | 1 |
0.009 | 700000 | 2 |
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