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806 Posts.
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10/10/12
12:55
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The exciting potential at GC is that the gold is close to surface that MNM are targeting ie. in the first 100-150m.
Therefore, they are not drilling through hundreds of metres of rock to get to the good stuff.
Hence, they can drill more holes quicker and therefore one of the reasons the drilling campaign there is progressing quickly.
If the gold is there in the surface layers, then it would also lend itself to reducing mining costs somewhat to get it out of the ground.
Anyway, we will know more in 1-2 weeks.
Cheers K
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