EGA 0.00% 28.5¢ egan street resources limited

It's true, these types of mines really had LOM's above 3-4...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,325 Posts.
    lightbulb Created with Sketch. 120
    It's true, these types of mines really had LOM's above 3-4 years, but some were mined for decades. Norseman is a good example of that, mined for 65 years and 5.5mill oz produced. Rarely had more than a few years in reserves.

    From the geologists report on Rothsay, the conclusion was that all sears are equally perspective for mineralisation. There was nothing special about Woodley/Woodley East compared to the other shears. It is highly likely the other shears host significant mineralisation at depth.

    At least now we will soon find out, I've been waiting for this moment!
 
watchlist Created with Sketch. Add EGA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.