Apologies if posted before but a good reminder how great this gold resource will be. Its simple, follow the success of the man and his team IMO...
Interview with Klaus Eckhof, Chairman of Burey Gold Ltd. (ASX: BYR): Giro Gold Project, Located within the Moto Greenstone Belt that Hosts Randgold and AngloGold 17Moz Kibali Project
By Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA
on 7/28/2016
Two quotes from the article I like.
Mr. Klaus Eckhof: Yes. Just to give you a little background, I've been in the Congo for the last 16 years. I founded Moto Goldmines and found 20 million ounces there. That was sold off to Randgold Ashanti after we found the 20 million ounces. After that, I had another company, Tiger Resources, that's a copper producer now in Congo and then another company, Alphamin Resources, AFM, which is one of the highest grade Tin projects on the planet now, also in the Congo. During that period, a company called Burey Gold approached me to find them a new project. I told them I have a new gold project up in the northeast, 20 kilometers away from Kibali, which is now Randgold Ashanti, the old Moto Gold project. We started building there a couple of years back and the first hole was around 97 meters at 2.6gt AU.We found bigger anomalies up in the north and moved the drilling rigs up there. The anomalies there are 4 or 5 times bigger than Giro. The first drillhole was quite spectacular. We had 15 meters at 250 gt AU.
Mr. Klaus Eckhof: It's pretty simple. If you look at over the last 10 years, the best gold stock on the planet is Randgold. Which has one of the lowest production costs? It's Randgold. Where is Randgold situated? Their flagship project is the Kibali project. If you look at it from an operational point of view, it took me 4 years only to find 20 million ounces and it took Randgold only 4 years to bring into production the 600,000 ounces per annum. Where in the world can you do that? It's one of the easiest places in the world to work.
