Nice time to be increasing holdings imo.
Not many buyers so someone could get lucky.
Increased myself at 9.5 cents last week and if it drops I will hopefully increase again.
Getting close to a 3M EV.
If we see some increase in nickel prices, a deal could be done on Ntaka and the value would make 3M look more ridiculous than it does now.
There is work being done on the Ntaka project for lower cost processing options and we could get some positive news coming up with alternative options.
W
Naujombo is located 35km north-east of Kishugu and is an extensive, coherent, gold-in-soil anomaly measuring 9.5km by 1km. Historic peak gold values of 131ppb Au have been recorded at Naujombo (ASX announcement 7 May 2015)1 . Rotary Air Blast (RAB) drilling in 2016 intersected anomalous gold in every line drilled across the 9.5km anomaly (ASX announcement 12 October 2016).2
The Kishugu Gold Prospect is an extensive, coherent gold-in-soil anomaly measuring 5.5km by 600m, with up to 0.9g/t Au within the main trend (904ppb) (ASX announcements 14 October 2014 and 26 November 2014)3. RAB drilling at Kishugu in 2016 also intersected anomalous gold on every line drilled along the 5.5km anomaly.2 Together with strong coincident Induced Polarisation anomalies and the presence of associated pathfinder elements such as As, Bi and Ag,4 (ASX announcement 14 October 2014) Kishugu represents an outstanding gold exploration target. The combined drill programme for both Naujombo and Kishugu represents the first phase of work for the 2017 exploration field season.
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- Ann: Drilling to commence at Naujombo and Kishugu
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2 | 502539 | 0.089 |
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Price($) | Vol. | No. |
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