12g/t GOLD on the surface alone is an Excellent find! Definitely worthy of a drill program at Springhill.
If THR can prove a larger resource OR increase the current grade, Springhill could definitely become a profitable project.
FML & MAT's Gold mines are some good example:
- MAT's Mt Henry Gold - [email protected]/t (1.47 Million Oz Gold)
(Recently got into a JV to take the project into the next stage)
- FML's Tindals GOLD - 3.16Mt @ 4.4g/t (444,000 Oz Gold)
(Smaller resource but with higher grade, Producing roughly 50,000Oz/yr)
- FML's Laverton GOLD - 26.5Mt @ 2.4g/t (2 Million Oz Gold)
(Larger resource with grade around 2g/t, Producing 100,000Oz/yr)
Kiddo
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Mkt cap ! $6.397M | |||
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|---|---|---|
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