PRS 0.00% 3.6¢ prospech limited.

PROSPECH IPO GOLD BIG POTENTIAL, page-3

  1. 727 Posts.
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    Totally Agree with you . Looks pretty good and extremely reasonable valuations.

    Lead Project: Hodrusa-Hamre: Established +2.4 Moz Goldfield, Slovakia Large under explored epithermal gold project, located in a proven producing 2.4Moz gold & 120Moz silver field. Circa 90% of entire goldfield now held and wholly owned by Prospech.

    Exciting Mix of Brownfields & Greenfields Drill Ready Targets to Provide a Strong Pipeline of Results: Brownfields drilling targeting along strike and below existing high grade workings at Schopfer. Greenfields drilling targeting newly discovered visible gold occurrences at surface at Nova Bana & Pukanec

    Exceptional Management Team – Outstanding Track Record in Deriving High Value from Epithermal Projects ($1.3B Bolnisi Gold Takeover in 2007) Key board members have experience in discovery & development of globally significant epithermal deposits (Bolnisi mine Georgia & Palamjero, Mexico) culminating with Bolnisi being taken over in 2007 for $1.3 billion. The board has recognised very close similarities and characteristics of Hadrusa-Hamre to the early days of Palamjero. Prospech also boasts a strong and established in country technical team.

    Outcome of a Recent Geological Reinterpretation of the Field Could Prove to be a Game Changer 90% of adjacent mining operations high grade host mining unit is now believed located on Prospech ground. Drilling at Bauch and Ignac now underway. New interpretation recognises a low angle detachment fault host to the 14-16gpt lodes and a strong geological analogy to the Emperor Gold Mine in Fiji and Dundee Precious Metals’ Ada Tepe Mine Bulgaria

    Slovakia a Mining Friendly Jurisdiction, supportive of mining within a European Union legal, accounting and political framework. Strong history of mining with over 1000 years continuous mining in region underscoring a strong national mining culture.

    Targeting: 1Moz Au Eq Resource Inventory by end 2021. Exploration target for the project has been set at between 1.4 and 4 Moz

    Should do well

    G
    LTAH

    ALL IMO

    DYOR

 
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