LRC 0.00% $3.54 laguna resources nl

Any wonder when you read:"Million Oz Gold and Silver Potential...

  1. 24,765 Posts.
    Any wonder when you read:

    "Million Oz Gold and Silver Potential in World-Class Province

    Highlights

    Located in Maricunga Gold Belt (70 Moz gold resources & 465,000 oz/a in production).

    1.1 million gold equivalent ounces delineated in JORC Resources (Indicated + Inferred) at a cut-off grade of 0.7 g/t gold equivalent, for an average grade of 1.5 g/t Au equiv.

    Targeting production of 100,000 oz/a gold equivalent by open cut mine development and conventional processing with cyanide.

    Brownfield project which can be fast-track to production as an open cut mine.

    Feasibility study in planning.

    Four additional high quality gold projects acquired in the Maricunga: Maricella, Cerro Imkan, Guanaca and Cachitos."

    From LCR's home page at http://www.lagunaresources.com/

    My Comment: All going. Going. All gone. At just $22 million based on KCN's current bid?
 
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