MCO 0.00% 11.0¢ morning star gold n.l.

Its an interesting situation with MCO. Quite unique. Although we...

  1. 326 Posts.
    Its an interesting situation with MCO. Quite unique. Although we are drilling "exploration" holes, we only need a few intercepts from the 200 mtre "gap zone" to validate the exitence of the repetition of the gold reef and the grade.

    Its amazing when you think of it. Half a dozen hits from holes into the gap zone probably be all it takes to confirm (or discredit) $100 million in added net value attributable to gold reef running through the 400 metre "gap zone".

    It appears from what's been made public and what we have gleened from the records available to us that the ore body at Morning Star is reasonably predictable and the multiple gold reef system is just as prominant in the "gap zone" as it is on other levels of the mine.

    We have good reason to be excited.

 
watchlist Created with Sketch. Add MCO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.