It is interesting Thunder that they sold the Cheriotts find gold project for $700k which had 100,000 ounces of gold. The Milrose project has just over 300,000 ounces. In logical terms it's probably worth $2.1m at that rate. Don't think much has been done there for over a decade! In this gold climate it would be a nice little acquisition for a upstart company or gold producer in the area.
RIE don't seem to want to do any of there own exploration so it looks like they would sell it if someone approached.
I personally would love them to use some of their money and do some more drilling there if warranted? Don't know the resource at all.
Ann: IP survey expands gold prospectivity at Dixon, page-9
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