APG 0.00% 0.3¢ austpac resources nl

GOLD - LOOKING VERY BRIGHT

  1. 1,257 Posts.
    lightbulb Created with Sketch. 26
    By the way, they placed a great deal of emphasis on the EL5291 deposit where they did some drilling.

    If you look at the Directors presentation on the map you can see a massive area in blue then surrounded by green. Bang in the middle is EL5291 marked in yellow.

    Both Blue and green areas are NOT available for mining however early next year the areas on either side will become available with the large mining companies tendering.

    Preliminary drilling ( 1 hole) was done with reasonable results and more needs to be done.

    They said they are talking to potential JV partners re drilling but there is also the fact that if one of the areas either side of EL5291 comes up with something reasonable it will put APG in the box seat.
    Last edited by False9: 24/11/17
 
watchlist Created with Sketch. Add APG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.