"Results suggest strong geological similarities to the nearby Lotus gold deposit located 700 metres to the north. Lotus was historically mined to a depth of 500 vertical metersand produced 387,000 ounces from 2.2Mt at 5.5 g/t Au1.
...
The latest drill results have significantly increased Echo’s confidence that stacked high-grade mineralised lodes at Orelia are likely to occur to at least similar depths seen at Lotus and extend further along strike."
EAR Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held