GUE 3.64% 5.3¢ global uranium and enrichment ltd

DON'T FORGET THE GOLD, page-9

  1. 1,224 Posts.
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    Hi phishpheet, my understanding is that all the Hillgrove approvals are in place, the Bankable Feasilbility Study is almost complete, and mining is expected to commence within a few months.

    The mine hosts the largest known stibnite/antimony deposit in Australia and is in the Top 10 stibnite deposits in the world at a time when antimony is a critical mineral and in very high demand. With 1.4Moz AuEq @ 6.1g/t AuEq Hillgrove is expected to be a very profitable producer under LRV's stewardship.

    GUE's Enmore project is believed to have many similar features to Hillgrove, including some very high grade gold.

    I'll look further into the Enmore situation, but from what I have learnt so far it's looking pretty good.

    Cheers,

    Mike


 
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