SXG southern cross gold ltd
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released this...

  1. jonesw
    521 Posts.
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    19/08/08
    15:33
    Post #: 4124138
    released this morning

    http://www.scross.com.au/downloads/announcements/sxg20080819.pdf

    The announcement had an interesting term I hadn't come across before (haven't thought much about gold companies - I have my holding through the POL distribution)

    'Bonanza grade'

    I did a bit of googling and found that it does get used a bit, but I couldn't find anything that would actually define what it takes to qualify as 'bonanza grade'.

    SXG has some intercepts up to 30.4g/t Au, but say that in the type of system (their Battler prospect and RMS Wattle Dam) it is difficult to quantify.

    Anybody know what it takes to have a 'Bonanza'? Sounds exciting anyway.
    SXG Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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