GOA 0.00% 0.2¢ gold anomaly limited

goa intersects more gold nev25 98m @ 1.06g/ton

  1. 2,622 Posts.
    lightbulb Created with Sketch. 1
    Hey Guys

    I don't understand why there is so much negativity for GOA with their latest announcements!

    Another Drill Hole another gold strike by the Gold Sniffer Macnab!

    NEV 25 which was a 600m deep drill hole found gold for 98m at an average grade of 1.06 grams per tonne! Very profitable given today’s gold price!

    What is very exciting is that gold was found at the bottom of the hole (600m deep) where the drill bit finished! 0.5grams per tonne!

    The Main Mixing Zone has proven a very lucrative gold mineralisation with all 10 holes finding on average 200m each deep at 0.93grams per tonne of gold!



    Macnab believes the deposit looks like the one he found at Hidden Valley and Wafi, that Australia’s biggest gold miner now owns, Newcrest!



    The major game changer for Gold Anomaly will be if the Gold Sniffer finds gold deep into the 1000-1200m drill holes, finding the prized deep feeder system that he believes is in there.

    The first of the deep drill holes is now 800m deep and will be sent to the labs in the next 2-3 weeks.

    With the current gold already found in the Main Mixing Zone, Crater Mountain contains between 4-5million ounces of gold.

    Macnab just needs to continually drill it over the next 6-12 months to build up an ASX Approved Gold JORC Resource before the market puts any value to the company.

    In the meantime, if one of these deep drill holes intersects gold between 1000m-1200m then the deposit doubles in size like Wafi Golpu increased from 28million ounces to 45million ounces once they drilled deeper into the mountain after 20 years of infill drilling.

    Accumulation is the key!

    Cheers Nectar



 
watchlist Created with Sketch. Add GOA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.