I've just been looking more into Horizon Minerals which I'm pretty sure you have mentioned a while back about gold comparisons.
they have 1.5B SOI, a MC of almost 100M and the total gold deposit is 328kt at 3.2g/t for a resource of 33.4koz. to compare this with Reach looks very positive, especially as we could increase the resource.
Only main difference is that HRZ are a lot further ahead at the moment as they have just started the mining process, but as JB said in the interview that gold will be the focus for this year, it has the potential to be a very decent year for holders.
Also, if we do become a self-funded explorer I would like to see more drilling into WC, the grades and depth compare very nicely with the REE deposit of Victory Metals, whose total resource uses the average grade of around 1,000ppm. The main difference between those two are that VTM's tenement is much larger but lack the depth we have, and more importantly the from surface depth.
the past few years have been a tough one for those who have held through it all but this year hopefully will make it worth it!
GLTAH
RR1 Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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