GMD 0.40% $2.53 genesis minerals limited

4m mc,1.3m cash,drill au/cu soon.go figure!, page-11

  1. 12,503 Posts.
    ok Galba, I will break it down for you.

    Previous drill hits returned high grade gold 10-32g/t (excellent grades if you follow many goldies).

    width however is pretty average 1-2m mostly + 3-5m. Look forward to drill intersections from coming drills.

    Good grades of copper (1.2-1.5%) were hit also, which should make up for the average width as we now have two of the most sought after minerals.

    Surface mineralization & infrastructure - low operating cost, no need to mine underground

    Near existing process facilities - no CAPEX requirement to build a processing plant.

    Overall, the above should improve project economics, but coming results are king.
 
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