BAR has 4 targets that have not been fully tested at surface let alone depth.
The strike spans 3.2km. The current 5,000m of drilling will target a 600m length of strike at depths of 130m to 350m below surface. This is a high priority area expected to host very high grade.
The previous drilling was only done to a depth of 100m. Typically when you have high grade like that at surface it has risen up in veins from a much larger resource at depth.
Existing JORC of 146koz resource @ 3.7g/t Au awaiting mining license.
The historical drilling is impressive.
4.69m @ 462.1g/t Au
7.2m @ 22.9g/t Au
76m @ 17.4g/t Au
Having followed BGL, MGV, RXL, AUT, which all did 1000%+ they all start out this way. I am confident that BAR could potentially be the next stock to join the leagues of those mentioned previously. Prove up 1Mozs with a mining license and there is a $100-150M market cap.
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