Bluebird Merchant Ventures (LSE: BMV), the Asian focused resource development group, is pleased to announce an update on the Kochang gold and silver mine. Highlights:
Initial Mineral Potential of between 550,000 and 700,000 tonnes derived from a small area
Range of grades between 5.2 g/t to 6.6 g/t of gold and 27.3 g/t and 34.8 g/t of silver
Underground drill targets identified in close proximity to the three main veins
Worth a read.
SAU Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held