MXR's gold projects are continuing to increase in value as the...

MXR's gold projects are continuing to increase in value as the gold price continues to break record high's.

Just trading around new historic highs of US$1,244 and trending strongly.

MXR's Projects (summary)

Deloraine target 900,000t @ 17.5g/t gold for about 15.75 million g worth about $378m profit life of project

Selheim gold production now under way of 2,200 oz/annum for a net profit of about $1.6m/annum

Eureka 200,000 t @12.5g/t gold for 2.5 million g worth about $60m

Bird in Hand 598,000 t @ 12.3g/t gold for 237,00 oz for net profit on existing resource of $189.6m ( AU$1,400 gold price and $600 estimate cost/ oz)

Narndee/Widimurra 4,990km2, mineral rich complex with 7 gold targets, 2 NiPGM,3 Cu Zn, 3 PGM ad 1 Pb Zn.

ERO Sedimentary Uranium JV with ERO

Billa Kalina JV with ERO (IOCGU) 70km North West of Olympic Dam and 45km East of Prominent Hill (Cu-Au)

Plus 5 other projects Uranium/base Metals and Au.

Current share price ridiculously undervalued. One of the best opportunities on the ASX.

Am loving the bargain buys.