Company announcement 14 Jan 2011 - include visible gold with assays of up to 320g/t (uncut) (see below).
I have never heard of such a large gold grade. I notice the announcement was made under the wrong ticker - PMV instead of the correct PVM. Perhaps this explains why so few people are on to it yet.
Sydney - Friday - January 14: (RWE Australian Business News) -
PMI Gold (ASX:PMV) resource drilling at the flagship Nkran deposit at
the Obotan project in Ghana has intersected broad gold zones which
include visible gold with assays of up to 320g/t (uncut).
Obotan offers the opportunity for a near-term development
project and comprises four known deposits.
The current global mineral resource estimate for Obotan
comprises indicated 3.06m tonnes grading 1.59g/t gold for 156,000oz and
inferred 15.64m grading 2.1g/t for 1.053m ozs.
ENDS rx
Company announcement 14 Jan 2011 - include visible gold with...
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