TMX 0.00% 0.3¢ terrain minerals limited

Ann: Great Western Drilling Update, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,980 Posts.
    lightbulb Created with Sketch. 61
    Preliminary assays received require further work and interpretation to fully assess them, similar to what was done previously in 2011.

    Obviously a complex structure, however it seems there may be two options for this find:-

    (a) consider a small high grade open pit development
    (b) consider a larger lower grade pit development

    Since the initial discovery, overall mining costs have changed for the better with the gold price up, A$ down and development/toll costs possibly stable or lower suggesting this could result in better profitability.

    Additional work is being undertaken to fully understand the latest results which will take a further three weeks and to be followed up by crunching the numbers to assess the best way forward.

    Looks like more time is required to determine whether this is a goer.
 
watchlist Created with Sketch. Add TMX (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $5.298M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $30.56K 10.18M

Buyers (Bids)

No. Vol. Price($)
3 1638470 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 18878608 12
View Market Depth
Last trade - 15.26pm 25/11/2024 (20 minute delay) ?
TMX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.