MEI 8.57% 9.6¢ meteoric resources nl

Ann: Update on Midrim and Laforce, page-31

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  1. 3,167 Posts.
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    Yup, but it will go postal if it's not. And we have three metalics to go for in Gold, Copper and Cobalt. Just down the road in the same belt of rock they have a massive Red Lake Mine.


    So, not to get everyone too excited, but a discovery like that would be off the charts to our SP.

    The Red Lake mine is one of the largest gold mines in Canada and in the world.[1] The mine is located in northwestern Ontario at Red Lake.[1] The mine has estimated reserves of 3.23 million oz of gold.[1]

    The Red Lake Mining District has produced over 22 million ounces of gold through 2004, worth over $US 35 billion at 2014 prices. The two principal mines, Campbell and Red Lake, both have historic ore grades averaging about 0.57 oz/ton Au (22 g/tonne).[2]

 
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