nice start to the weekend!!
An upper zone of primarily oxidised vuggy silica and breccia returned assay results of:
48 m at 2.8 g/t gold and 19 g/t silver from 19 metres;
including 24 m at 5.0 g/t gold and 28 g/t silver from 20 metres downhole.
The true width of the mineralised intercept is yet to be determined.These outstanding assay results represent the highest gold grade intersected at Vidalita.The intersection is very similar in grade to many drill intersections at the high grade goldsilver Salares Norte Deposit discovered by Goldfields located 150 km to the north with acurrent indicated SAMREC-compliant resource of 3.5 million ounces of gold at a grade of5.2 g/t gold
even using a fraction of the value of the Salares Norte Deposit ... the current 7 million MC of EMU is about to be revised!
"A feasibility study on Gold Fields Ltd.'s Salares Norte gold-silver project in Chile defined a net present value of US$654 million, discounted at 7.5%, with a 25% internal rate of return and a 2.2-year payback period... " feb 2019
https://www.spglobal.com/marketintelligence/en/news-insights/trending/dltqrnzsslzv7hjenu7oia2
looking forward to hearing your thoughts @john435 and thanks for the initial heads up some time ago
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Mkt cap ! $3.262M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $2.5K | 100K |
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1 | 6000 | 0.067 |
1 | 250000 | 0.059 |
1 | 100000 | 0.056 |
1 | 100000 | 0.055 |
Price($) | Vol. | No. |
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0.070 | 270081 | 3 |
0.075 | 100000 | 1 |
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