CVY 0.00% 11.0¢ coventry resources limited

Well tody's announced is very positive. CVY is well and truly on...

  1. GPS
    592 Posts.
    lightbulb Created with Sketch. 4
    Well tody's announced is very positive. CVY is well and truly on target with regards to resource target. Ready to drill Cameron Gold Deposit shortly.

    "Mineralisation at the Cameron Gold Deposit remains open along
    strike to the north and at depth, providing considerable potential to
    continue to expand the resource base."

    And importantly:

    "Substantial, robust, shallow component of this resource base is
    expected to be amenable to open pit mining. Within 300 metres of
    surface the shallow resources now comprise:
    8.1 Mt at 2.50 g/t gold for 653,100oz of gold1
    ? Very high confidence in the robustness of the shallow resources,
    with >81% of the gold resources within 300 metres of surface now
    classified as “Measured” and “Indicated”1."

    Interesting to see today's action. Noticed that the sp was kept under the 200ema on the daily chart, again. Hopefully the sp breaks through and makes a run for it. Wait and see i guess.
 
watchlist Created with Sketch. Add CVY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.