"Drilling massive GOLD porphyry system just to EAST of KALGOORIE SUPER PIT. Mid next week. 2 rigs."-18.5.24

https://twitter.com/DavidLenigas/status/1791572199196721310 Sat, 18 May 2024 Chairman of Riversgold, ASX.

Potential exploration target : 200-250Mt at a grade of 0.4g/t au gold-0.6g/t au gold for exploration target of 2.5m-4.8moz.
RGL mkt cap :$9m.

RGL: "WITH PREVIOUS RESULTS like 330m at 0.49g/t gold, 110m @0.6g/t gold and 154m @0.58g/t au gold."
https://twitter.com/DavidLenigas/status/1790968174059401596 dated 16 May 2024.

vs Saturn Metals, ASX: $54m mkt cap. Resource of 93.9Mt @0.54 g/t au gold for 1.6moz gold with $388m NPV. [Apollo Hill].
Pdf courtesy of Baybull on 17.5.24 on RGL Comps thread with thanks.

Note: I hold stock in the RGL JV partner for the Northern Zone drill.