Morning star...Taken from their last quarterly..That says enough for me and clearly spelt out...
""Announcement of a maiden JORC Inferred Resource of 783,000 gold equivalent ounces at 1.5 g/t gold equivalent for Arqueros Gold Project, calculated from the compilation and re-modelling of historical assay data.
10,000 metre drilling programme commenced at Arqueros, with approximately 6,500 metres completed to date.
Exceptional drill intersect of: 111 metres at 1.23 g/t gold equivalent from 67 metres in AR09-09""
LRC Price at posting:
$1.63 Sentiment: None Disclosure: Held