Iron Clad (27% owned by Trafford) will be sending ore to China later this year. Trafford to be self-funded in 2014.
Orinoco Gold in Brazil (15%) - Ian loves the place! Says it's like Eastern Gold fields, unexplored with huge potential.
Challenger in SA sees strong potential for gold.
Zealous tin find was a surprise, push to explain how tin is a very favourable metal, especially with the supply/demand crisis! Very little tin out there in the world. :-)
Wilcherry Hill that is going into production this year is all skarn (heated up rock), two 10 sq km features for the IO and Zealous on the outside. It is near surface (released today apparently), up to 7% or approximately 35 g/t gold equivalent.
Average grade is around 5-6 g/t gold equivalent.
Plenty of upside in the area. Plenty of data not yet tested using correct analytical testing. 60k sample never been tested and 1000 sq km of skarn area.
2014 should see the octopus grow.
Not much else, sry.
Btw, from my experience it will be a couple of years (maybe 4-10) to get tin project up and running.
TRF Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Not Held
