cream on cat's whiskers?

An after market announcement suggests the Cat's Whiskers gold mine has adjacent mineable reserves with recent drilling returning 13 g/t. Four km from Malbec West, a further 10m at 8.1 g/t and containing 5.4% copper has also been discovered.

A separate announcement will be made pre-Christmas regarding the exciting copper prospects currently under investigation.

With nearly 60 prospects identified for follow-up drilling, it seems highly likely that numerous narrow but high grade gold deposits will be found at Tennant Creek, similar to those currently being mined at Malbec West. With excess capacity at the Warrego mine, these small but rich deposits can be mined very profitably and should bump gold output closer to the stated target of 100,000oz per year.

This stock has tried my patience many times but I believe its fundamentals will be recognized by the market when we enter the next phase of the gold bull market.

Conduct your own research.