AAM 1.82% 5.4¢ aumega metals ltd

From german board, from Pisa:Goldoz update on A1Nov update...

  1. 38 Posts.
    From german board, from Pisa:

    Goldoz update on A1

    Nov update Decision Expected Soon On 1M Ounce BrightStar Gold Project. New Nickel Province Identified Over A1’s Extensive Narnoo Tenements. Review of Laverton Nickel Tenements. Geophysicist Generating More Gold Targets at Laverton. Oklo(OKU) Confirm Three Prospects On Narnoo Uranium JV. BrightStar Beta, 40km south east of Laverton, is most likely to be the first producer as an open pit, with a highgrade resource of 266,000 oz (from 1.76 Mt at 4.5g/t). The pit already has most of the relevant regulatory approvals in place and initial benches have been drilled to a grade control level.
    www.a1minerals.com.au
    89.8 M shares, approx 26.5 M options, cash $4.8 M at end Sept 07, Dec qtr 07 est $200 k cash burn
    $28 M M/C @ 29c
 
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