(Spec) Gold Turnaround Story of 2018

Hi All,

Thought I'd start a new thread that we can use going forward with all the info/summary in one place.

I'll start off with some initial info I've put together and then I'll add more info through more posts.

Cheers,

GB.



****

As the thread title suggests, I'm hoping that this will turn out to be BLK 2.0 and be to the gold spec end of town what BLK was to the producer end;



The (Spec) Gold Turnaround Story of 2018:

- Refinanced/restructured/relaunched
- New Board/Management
- New focus (high impact exploration, divest non-core assets)
- Cashed up and tiny EV



Upcoming News/Catalysts:

Tesorito Prospect:
- Drilling commencing this month (any time now) (historical drill results = 384m @ 1.01g/t gold)

Chuscal Prospect:
- Finalise JV discussions with AngloGold Ashanti
- Geophysics and drilling once JV finalised (500m x 250m zone > 0.5g/t Au anomaly)

Miraflores Prospect:
- Completion of permitting
- Project funding for underground mine (840Koz, US$643 AISC, US$29.4M EBITDA per annum)

Chilean Non-Core Projects:
- Divest



SP:
= 0.9c now,
= 4c+ six months ago and
= 26c in 2015



Numbers:







Chart:







Gold Price (AUD - close to all-time highs):








The Relaunch/Summary:









Summaries of Projects:















Colombian Quinchia Project (Location):








Colombian Quinchia Project (Tesorito Prospect)
(drilling starting this month - any time now):







Colombian Quinchia Project (Chuscal Prospect)
(JV discussions with AngloGold Ashanti):
















Colombian Quinchia Project (Tesorito & Chuscal Prospects Value Story):










Colombian Quinchia Project (Miraflores Prospect)
(permitting & funding for mine (840Koz, US$643 AISC, US$29.4M EBITDA per annum):