Company ann 16/02/2006....."NEW RESERVES BOOST GOLD PRODUCTION FORECASTS AT COYOTE GOLD MINE".
Global resource inventory Total Indicated and Inferred 3,782,000t @ 4.7 g/t for 572,000 oz au.
Been a while since a new resource figure due to nuggety nature of gold found in many later drill intercepts but 13g/t is what they're hoping for from Gonzales lode stoping....try and read the last Corporate File Open Briefing with Graeme Sloan who's somewhat of an authority on these hanging vein deposits.
Pretty soon, patience of the longs will be rewarded.
SHOW ME THE GOLD!!
TAM Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
