I have gathered/copied GCR resource estimate info available from web/paper, Requesting all gurus to help me/all analyze resource estimate and hence potential of gcr.
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Explorer Cu-Au, Ag and base NSW with several projects
Zinifex farming into Wagga Tank NSW Au-Ag-base prospect
Working on very large low grade system near Cadia Ridgeway NSW
Aug 06 resource estimate is 136Mt @0.33% Cu and 1.09gpt Au for 1.4M oz Au and 455kt Cu… still growing and near excellent infrastructure.
Pit optimization is underway, already shown 25kt Cu and 80k oz Au PA could be produced. Scoping study has commenced.
510 M shares, No dept
cash $6.9 M at end Sep 06,
burn rate currently $1.2 M for Dec qtr est.
$21 M M/C @ 4.1c
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Is there any resource updates?
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