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Hermes gold deposit

  1. 2Luke
    393 Posts.
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    13/03/18
    15:06
    Post #: 31718398
    Interesting prospect, Hopefully someone can clear up some questions I have on the Hermes gold deposit which was sold to Northern Star in 2015 while retaining a 1% Net Smelter Royalty for 20,000 ounces after a production milestone.

    Could someone tell me how much that might be worth at today's gold prices?

    And now I am reading about a Hermes gold deposit that a TSX listed company (Superior Gold TSX.V:SGI) has just commenced mining at in Dec 2017.

    It looks to me like the same deposit, but Superior Gold clearly is not Northern Star Resources is it?

    http://www.mining.com/web/superior-gold-kicks-off-mining-hermes-open-pit-project-western-australia/

    Any one able to shed some light on this?

    Many thanks.
    Last edited by 2Luke: spelling 13/03/18
    ALY Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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