ESR is under shell value at this point,
With recent high grade gold results,
and it's Munda mine sits within a granted mining lease with previous mining history.
Historic high-grade gold results include:
o MIRC004 1m at 321g/t Au from 51m*^
o MND1406 7m at 41.23g/t Au from 53m* Including 1.0m at 195 g/t Au from 58m*
o MND1407 4m at 40.10g/t Au from 70m*
o MND1508 16m at 10.13g/t Au from 98m*
o MND1724 3.1m at 23.17 g/t Au from 94.1m*
o MND1405 7m at 25.38g/t Au from 76m* Including 2m at 82.5g/t Au from 76m*
ESR has a $5.8M MC,
It's 3km from MCR that has an MC of $177.8M.
