Key important snippets from today's annoucement :
? NI 43-101 and JORC Code compliant
0.52Moz Inferred and 0.65Moz Indicated
Mineral Resource at Wa Gold Project,
NW Ghana
? 100% of 3,100km2 licences hosting over
150km of prospective Birimian
greenstone belt. Less than 10%
effectively explored
? Feasibility Study nearly completed for
multi-pit, +1.0Mtpa, <100,000oz per year
mining and gravity / CIL operation
? Pipeline of drill-ready targets
? Aggressive 250,000m, 2011/12 drilling
programme focused on resource
discovery and increase
? + 15% strategic investment in
neighbour, Castle Minerals Limited
? Board and management team of
successful explorers, mining and
corporate professionals
Importantly :
Feasibility Study nearly completed for
multi-pit, +1.0Mtpa, <100,000oz per year
mining and gravity / CIL operation
Aggressive 250,000m, 2011/12 drilling
programme focused on resource
discovery and increase
AZM is overdue for key newsflows. Excellent time to buy in at ridiculously low price. This should hit 40 cents again soon. Share prospectus in Canada is at around 37.5 cents. Today's price is below that and institutions will still cram the share register as they know the great value this company holds and the massive potential in Ghana.
Add to My Watchlist
What is My Watchlist?