SGZ scotgold resources limited

RMB once looked like Scotgolds route to production but of late...

  1. 364 Posts.
    RMB once looked like Scotgolds route to production but of late they have been a burden with interest payments from a loan they gave for Scotgold to prove up the resource , which indeed it did do but it also delayed the project . Good bye RMB and the chain of the security that your loan brought with it .
    All options can now be followed up including a new resource estimate which will be realistic as opposed to the existing unrealistic negative resource estimate .

    It begins now !
    25/02/2013
    You will note that Nat le Roux didn't say Scottish Mine but did say "a significant Scottish gold mining industry."
    https://www.flickr.com/photos/93177156@N07/10627483824/
    Cononish is just the beginning.
    There will be more reserves uncovered from other local areas that is for sure, take Beinn Udlaidh for example , there is thought to be around 20 Breccia pipes in that area alone with over 30 discovered locally .
    A few samples below of whats to come:
    Coire Ghabhalach , best outcrop 21gt Au
    Craig Sheilach , best outcrop 13.3gt Au 18.6gt Ag
    Beinn Udaidh, 250m strike avg 2.23gt Au 5.3m best 2.8gtAu 358.5 Ag over 1m
    Tom a Chro , Vein outcrop 257gt Au 118gtAg, 6 boulders avg 88.1gt Au
    Arichastlich, Avg 7 boulders 37.5 gt Au
    Crusty's Vein , Best outcrop 15gt Au best boulder 15.6gt Au
    Crom Allt and Beinn Odhar , Best outcrops 13gt Au 89gt Ag
    River Vein , 4 outcrops-10gtAu best 145gtAu 47gtAg
    Halladay's Vein , Best outcrop 56.9gtAu 54gtAg Best boulder 399gtAu
    Kilbridge , 16 veins avg 11.3gtAu 15 boulders avg 24.5 gtAu
    Coire nan Sionnach , 250m strike avg 2.86gtAu over 4.4m
    Bog Showing ,Boulder 68.4gt Au
    All of these are within 10Km of each other or less !
    Scotgold have identified a number of high priority targets for follow up including:
 
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