GMD 3.70% $2.52 genesis minerals limited

McNabs is a stone throw away from RMS's Mt Magnet. Taken from...

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  1. 196 Posts.
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    McNabs is a stone throw away from RMS's Mt Magnet.

    Taken from previous announcement;

    'The McNabs Prospect area is an entirely new discovery under shallow cover and comprises significant gold mineralisation associated with porphyry bodies intruding a mafic dominated volcano-sedimentary package. The prospect geology and mineralisation has strong similarities (including geochemical signature being anomalous in Au-Bi-Te-Pb-W-Ag) with the nearby porphyry hosted gold deposits of Ramelius Resources Limited.

    Exploration at McNabs has returned significant mineralisation including a best intercept of 105m @ 0.75g/t Au from 16m, including 15m @ 3.6g/t Au (BARC001)'

    Initial discovery work is already done.
    The Donkey is in the room, just need to pin the tail.

    DYOR
 
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