Good to see specific mention of Withnell where previous drilling intercepted 23 meters at 10 g/t, 6 meters at 9 g/t and 1 meter at 13.3 g/t - but amazingly was never followed up!
Accouncement appears to be very agressive in terms of exploration drilling - 10,000 meters of diamond drilling and 50,000 meters of RC drilling - all to be completed by 2009. The gold is there, and the Chinese joint venture partners are assembling a big team with their own rigs to prove it up.
With existing heap leach infastructure in place should see fast tracking into early production of any viable deposit identified.
RNG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held