Hi All
Lets take stock of the results at Balogo. Most of the significant gold and copper drilling results that GMR have had - including the latest exceptional drlling results, are wide widths and close to the surface. Given the presence of magnetite and copper GMR are right to be now examining the potential for an iron oxide copper gold (IOCG) deposit.
According to research I have looked at IOCG deposits are: "highly valuable concentrations of copper, gold and uranium ores hosted within iron oxide dominant gangue assemblages which share a common genetic origin".
I think institutions would be very wise to accumulating GMR with the enormous potential at Balogo AND the exciting potential at Yako. Acorn Capital who are very knowledgeable about junior resource companies certainly have already accumulated quite a bit of GMR.
Best wishes to all GMR holders.
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PLease DYOR as these are my opinions & interpretations
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Hi AllLets take stock of the results at Balogo. Most of the...
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