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Following on with the victorian themeSML - high grade 5km...

  1. gtsman_05
    3,311 Posts.
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    16/09/09
    15:44
    Post #: 5650473
    Following on with the victorian theme

    SML - high grade 5km stretch. Last mined profitably late 1950's. Still drilling away defining JORC resources in mine extensions at this stage, but a near term capital raising may allow trial production to get underway.

    Possibility of yielding 4m+ oz in this 5k x 1km mineralised stretch.

    Hasn't just got Gold but fairly significant deposits of silver. Market Cap just $10m.

    =============================

    The other speccy is in Africa - SBL

    5m ounces as well, part open pit mine. Raising capital at the moment through a share purchase plan

    Value at posting: $0.00
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