PGO 7.14% 9.0¢ pacgold limited

Hi Bonies, You are correct about TG I misinterpreted the image I...

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  1. 1,392 Posts.
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    Hi Bonies,

    You are correct about TG I misinterpreted the image I saw on the presentation, apologies. Almost a little DRM there.

    With RR I assumed the historical heap was focusing on the oxide zone and now they have the sulphides to deal with. Would like to know more about the scoping study ... size of mill and capital cost etc.

    With grades of 1g/t Au, even with a low strip the best way to grow that reserve is along strike (and not down). It appears open to the south or is that just the hinge of the fold the mineralisation is hosted in?

    DCN is a little different I think. Its all about BIFs and intrusives there. Historically there was an assumption that between Juptier and Mt Morgans Pit there was an inflection in the BIF which made it barren. Along comes Baldwin (Exploration Manager) and does a 100m by 100m pattern and boom there's 400koz+. I think BIFs are more continuous then these fold hosted deposits of RR, saying that the chances of another similar deposit nearby looks above average, especially with sniffs already in some soil and AC at RR East.

    Interesting about the new management and backers. There is a lot of potential "sizzle" here but probably need to do more research before commenting further and I cock up again.
 
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