ev/resource of $21/oz, page-2

Nice find.

Looks like AZX is turning around. Now I may exercise my rights, lucky I bought in under 24c.

Looking good and no doubt undervalued.

>90% recoveries is a good outcome, more importantly:

"The results confirming that the Bullabulling gold deposit's excellent recoveries at head grades of less than 1.0 g/t Au, with 40% of the contained gold recoverable by gravity.

Significantly, compared to other deposits in the Goldfields, the ore at Bullabulling is not hard nor abrasive due to the lack of quartz associated with the gold mineralisation, positively impacting operating costs."

http://www.proactiveinvestors.com.au/companies/news/21976/auzex-resources-buoyed-by-gold-recoveries-exceeding-90-at-bullabulling-project-in-wa-21976.html