MKO 0.00% 7.0¢ metaliko resources limited

Gold Micro ready to explode, page-39

  1. 6,287 Posts.
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    ann...... out from EAR

    The company advises that sufficient data has now been compiled to allow a maiden resource estimate for the Julius deposit to be completed. The estimate is likely to be defined as an Inferred Resource as insufficient information has been available for a higher level resource category to be defined. This Inferred Resource estimate will however be a major step forward. The upcoming drilling program at Julius due to commence in a weeks time will comprise approximately 50 holes for 3000 metres and should allow an upgrade of the resource category and lead to an early assessment of the project economics.

    nothing to spectacular in the latest drill results from EAR ....be hoping for some better results from the next 50 holes
    certainly going to be interesting to see what we have here all up resource wise 200koz-500koz+???

    Really want to see another stranded Gold resource come on board toll treatment, J/V, farm-in etc ...lets get the BZW some feedstock >>get some cash-flows going.. so MKO can continue to drill up minable Gold resource (5-6mt) close to the plant ....time is MONEY !!!!

    .EAR is going be a great add-on down the line 2017 etc ..let them spend the cash and continue to focus on building a good resource base to feed BZW...be it through a merger or J/V toll....
    Last edited by Sharetrader78: 24/03/16
 
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