Free, if you're interested in this stock, take a look at our CEO. FGP is his life's work, he knows the area and is very positive on the gold.
http://www.classicminerals.com.au/forrestania-project.php
"Classic’s new CEO, Mr Dean Goodwin, completed a detailed geological mapping and targeting exercise over the entire Forrestania greenstone belt in the early/mid 2000s. At the time, the primary purpose of the work was to identify additional sources of high grade gold to feed the Bounty processing plant. The targeting study resulted in a ranking system and the identification of more than 300 exploration targets. A number of the targets Dean identified close to Bounty were tested and eventually mined due to the proximity to the processing plant. However, apart from Lady Ada, all of the “Western Belt’s” targets (of which CLZ holds 80% of the gold rights) have remained untouched and undrilled since the study was completed due to changes in ownership and the resulting loss of data/technical reports that come with asset sale transactions and tenement surrenders. This will be the first time in more than 17 years in which the original mapping and targeting study has been re-visited.
Dean Goodwin said:
I’m really excited to be involved again in this highly prospective area. 17 years ago I mapped the Forrestania belt from the Bounty goldmine in the north all the way down to Hatters Hill in the south, around 120km of strike. It took 2.5 years to put the geological and structural story together. During that time, with the help of Southern Geoscience Consultants, we came up with 322 regional gold targets of which Classic has 98 within its tenement holding. None of Classic’s targets have ever been drill tested. For me, its unfinished business. I can’t wait to get stuck into it."
(20min delay)
