Considering drill holes are shallower than originally desired by management, there is potentially much more good news once proper assays are done at deeper depths of >250m.
My feeling (and gut instinct) tells me that JORC deposit will move from its estimated 25mt to around 35mt which is a significant increase and this alone makes the financial viability of this company (if ever it went to mine devt) to be very much feasible and TRES EXCITING! Price of $0.051 is crazy as this announcement should have bumped the stock up today to over $0.08!
My other instinct is that considering the grades and current price, ZGM because it is flying under the radar could be a perfect target for well capitalized bidders to do off market deals to buy the company.
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