Ann: Star of Mangaroon Extended, page-17

Per today's announcement:

"There will be a strong focus on gold along the Mangaroon Shear Zone in 2024."


As Dean mentioned in a recent interview with Kerry Stevenson:

- it's a historical goldfield, produced ounces per tonne, but had drilling over only about 200m (within a 10km+ shear zone)

- mining licence is already there on DRE's gold grounds

- DRE Directors Chapman & Crutchfield also run BC8, up the road, who recently bought a gold mine/operation from NST.ax (foundational asset/mine & turned NST into the company that it was/is)


As Dean says, they can "flick the switch quickly" when it comes to gold production due to BC8's mine/plant, and also as high-grade gold "travels well" so there's other options for the gold apart from BC8.


Dean says, they potentially have a Penny West in hand (Star of Mangaroon), and potential for another few Penny Wests/a BGL.ax equivalent (at Mangaroon gold) - with no drilling or even geochemistry anywhere, apart from some shallow holes over 200m at the Star of Mangaroon.

Spectrum Metals (owner of Penny West deposit) was taken over for $200M+. BGL.ax is currently valued at $1.6B+. I think we'll all be pretty happy if it works out to be just a fraction of that!


In the meantime, enjoy Dean's interview with Kerry per below link (or enjoy again if you've seen it (multiple) times like I have).


Cheers,

GB.





Paulsens Gold Mine/Operation:










Dean's latest interview with Kerry: small general update(s), but mostly discussing Mangaroon gold: