jorc in, page-12

Very good maiden resource ann .

I posted quite some time back to expect 1.2mil/oz and grades above 2g/t.

Check out the grades. 3g/t ++ Thats superb for an open pit bulk tonnage operation.

Ev/res now at around $140/oz , which is higher than most explorers at present (given the current gold sector), which is not over the top given the grades imo .

Probably quite fairly priced for now , but could drift higher as new drill results come through, indicating the speed/size at which the resource is likely to grow.

Looks like a mini- andean resources in the making here (minus the silver) with takeover radar to boot.

When I free up some $$ from a few other investments , it shall find a home here i think.

But for now , no rush imo. Current market cap is simular to co's that have far more ounces under the belt , and are much closer to production.

But let me just say , this is one of THE standout gold project on the ASX imo