Yes as it stand they have 120,000 oz of inferred resource at Gimlet.
So what they state in their report is that the mineralisation is open at depth ,Their has been many times in the past that big blue chip companies
have bought out micro cap companies gold inferred resource tenements and they have drilled & drilled these tenements and in cress the inferred resource two or more times the size . I am making the point that 120.000 oz can easily become 220.000 oz with more cash spent on the project and drilling to up size the inferred resource at Gimlet.
Snowstorm project yet to have any JORC Inferred Resource .
0.2m @59.2 g/t
0.4m @ 23.8 g/t
3.6m @ 5.3 g/t
6.4m @ 4.1 g/t
Give it time and with more drilling at the Snowstorm project and they can build on this and do a JORC Inferred Resource on this project .
And the Snowstorm project could turn out to have more gold than their Gimlet project .
@ 1.2 cents a share i feel this stock is worth a punt with over 100 million dollars worth of gold at the Gimlet project .
And the dogwood copper project with copper price @ $9.400 US per-tonne. Their is copper covering the hole area ,
They just need to find the main source of this copper .
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