RED 0.00% 34.5¢ red 5 limited

Hercules, even Siana resources quoted UNDER-STATE the resources...

  1. 1,870 Posts.
    Hercules, even Siana resources quoted UNDER-STATE the resources for Siana!

    You may recall that subsequent the resource estimate being announced there were some VERY high grade intersections in the shallow underground zone of Siana: -

    "Drilling completed post Resource estimate (Hole SMDD134 -
    5 metres at 25.4 g/t gold and Hole SMDD135 - 3 metres at
    31.6 g/t gold) demonstrates high grade extensions adjacent
    to the northern limits of the underground Inferred Resource
    indicating potential for early access from the proposed decline."

    I agree that Mapawa will add considerably to the Siana resources, with the cap zone likely to hold 3 - 4 million tonnes. This is likely to add another 200,000 ozs gold to the overall resource. WHAT IS BELOW THE CAP IS GOING TO BE EVEN MORE EXCITING IMO!!!


 
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