GMD 4.32% $2.54 genesis minerals limited

Yep, if they need to go real deep, then pushing the grade above...

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  1. 2,285 Posts.
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    Yep, if they need to go real deep, then pushing the grade above 5 g/t would be good.

    I like underground operations to be above 5 g/t (all other factors being equal). For instance, BGL is just short of 12 g/t.

    So aiming for 400k/oz at about 6.5 g/t is a good first target, which might be pushed to 500k/oz @ 5 g/t.

    There is a way to go for this exploration, another 2 years of drilling most likely, but it looks like steady progress at the moment.

    Gw
 
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