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Ann: Updated Presentation, page-2

  1. 2,568 Posts.
    lightbulb Created with Sketch. 47
    Finally!

    After what must twelve months+ since they found the odd high grade intersection near the surface they are going to drill test and see if they find some economical-to-mine open pits.

    Out of the five targets, imo they would be good for two and possibly four open pits. That would be a success for this compnay. Probably cost less than $5m to start production, if they find the gold and the gold price stays up. Something in the vicinity 10-20,000 oz pa producing a high grade concentrate.

    But minimum 18 months before mining. Still can't understand why management don't take up the option of buying the Norton mine which is fully permitted and ready to mine now.
 
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