Since sorting out the paleo channel/8500N tenement management have progressed this prospect, in combination with historical work, to show the value of this shallow high grade deposit.
Looking at the historical and recent results it is clear MXR have a great deposit here amendable to mining and toll treating. Some further work needs to be done for mining approvals etc but with the renewed focus on getting into production I’m thinking this will be mined asap.
The shallow high grade nature of this paleo channel is an exciting prospect for MXR to have with a gold price near all time highs that the market, imo, is not fully appreciating.
Looking forward to seeing this prospect mined in the near future.
Ann: Shallow high-grade gold up to 56.5g/t Au 8500N Paleochannel, page-2
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