The overall strike is many times that across the surface, so i suspect we are in for one hell of an ongoing drill program and results. Blackrock and Resolute were right to get into this as its now becoming more obvious that this area is likely to host a major deposit. Looking forward to the next diamond holes.
The last deposit that even resembled this one was up the road and was taken out for $550m only several years back by B2 Gold. This is wht Resolute is on the register. They already have a mine in the area.
This higher grade, easy surface mining gold is a great result as it allows for quick pay back. I think we are already seeing square klms of gold at surface already, so i am waiting for the market to play catch up. dyor
OKU Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held