Well that is unexpected. New gold bearing shoots at shallow depths.
So what is the best grades in this announcement. They seem to headline 9 meters @ 1.1 but to me, 4 meters at 8.0 seems a better strike.
o 9m @ 1.1g/t Au from 44m down hole
o 4m @ 8.0g/t Au from 35m down hole
o 2m @ 4.4g/t Au from 23m down hole
o 3m @ 7.2g/t Au from 38m down hole
o 8m @ 1.9g/t Au from 12m down hole meters
Don't forget at this stage we only hold 60% so this is being factored into the SP.
MGV Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held