Commsec has released an "Overweight" recommendation for Independence Group (IGO)and its Tropicana mine (6.41m oz Au resource), south of Gold Road's prospects.
Independence is in a 30:70 JV with Anglogold and first production is due in September 2013.
Gold Road Resources' 100%-owned Golden Sands project is located about 25km north of AngloGold-Ashanti / Independence's Tropicana deposit and covers ~1,500km2 with a strike length of about 65kms.
The Golden Sands project is considered highly prospective for gold and uranium mineralisation.
Commsec has released an "Overweight" recommendation for...
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$3.41 |
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Mkt cap ! $3.704B | |||
| Open | High | Low | Value | Volume |
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