CVY 0.00% 11.0¢ coventry resources limited

re: Ann: Resource Upgraded 125% to 1Moz Gold ... Huge upgrade!...

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  1. 10,010 Posts.
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    re: Ann: Resource Upgraded 125% to 1Moz Gold ... Huge upgrade! And some more drilling on the Ardeen project started. Previous drill results;

    Mineralisation at the McKellar Prospect extends over more than 3,200 metres of
    strike, with results from previous drilling programs including:
    �� 3.7 metres at 41.7 g/t gold from 13.4 metres
    �� 4.3 metres at 37.3 g/t gold from 11.9 metres
    �� 3.4 metres at 14.4 g/t gold from 28.2 metres
    �� 1.2 metres at 12.9 g/t gold from 3.6 metres

    Also from yeserdays ann;

    The Companys near term target is to delineate +1 million ounces of gold at the
    Cameron Lake Gold Project, which provides the Company with considerable
    opportunity to be in production in the near term.

    They new then that they had 0ver 1 million ounces at the Cameron Lake project! Whish I had picked that up yeserday! Near term production.

    Raised cash at .22, that should be the base on this one.

    Looks good, I'm in today.
 
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