EXG 0.00% 3.5¢ excelsior gold limited

Ann: Zoroastrian Resource Increase and Upgrade , page-17

  1. 144 Posts.
    re: Ann: Zoroastrian Resource Increase and Up... Hi all,

    I just listened again two times to the interview on the 5th of March at BRR with David Potter, Executive Director of EXG, saying at fragment 3 min 15 sec.:

    '....drilling will now continue around the Zoroastrian, for another two weeks, before a new resource upgrade, and we also intending to drill at the Navan
    dolorite, immediately to the West of Zoroastrian, which is interpreted to present a similar exploratian target as Zoroastrian..."

    So at Navan again a possible HALF A MILLION ounces ????? At this moment it just says 3900 ounces in all the presentations......

    I haven't seen this anywhere stated before on any presentation or announcement. Knowing this and the fact that at the Zoroastrian AND Excelsior deposits it is still open at depth and North and South, the total resource ounces could EASILY pass the 2 million.
    And I think I am even on the conservative side here ;-)

    So next week we can expect again an announcement regarding drilling and/or resource upgrade/conversion.

    Very interesting week(s) ahead !!!!!!!!
 
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