thanks JB and Joshua, will have a closer look.. drilling results might not be always good tho.. PEX was an example yesterday, tho it's Cu result.. not related to this thread...
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thanks JB and Joshua, will have a closer look.. drilling results might not be always good tho.. PEX was an example yesterday, tho it's Cu result.. not related to this thread...
Does anyone have any opinion as to why HAV is so unloved?
Anyone holding Havilah Resources?
I don't think the drill results will be that major it's pretty early days and minor drill program at Corbys maybe .1c-.2c movement etc ,,,,but the lease deal if good will see us move past 10c IMHO
Results of first four holes .... spectacular.
"Spectacular high grade assay results received from the first four
holes drilled targeting depth extensions below the Bartons deposit.
Millennium Chief Executive Glenn Dovaston said the first deep drilling results highlighted the
immense potential to grow the Project.
“Millennium now enjoys strong, consistent production, excellent free cashflow and no debt,” Mr
Dovaston said. “A key outstanding driver of growth for us is increased mine life.
“To this end, the excellent results we are getting from the ongoing shallow drilling will enable us to increase the Project’s Mineral Resources in October 2016.""
Anyone like VML - MASSIVE INTERCEPT GRADES OF 5m at 60.36g/t Au - they are back drilling as of 2 days ago - could be one that runs hard
Research report values their projects at 15c share and we last traded at 1.9c lol :D Over 18 million traded today and looks like its about to break 2c
https://www.vitalmetals.com.au/wp-co...forRelease.pdf
VITAL COMMENCES WEST AFRICAN
GOLD DRILLING CAMPAIGN
RC and diamond drill program underway at high-grade Kollo Gold
Project, Burkina Faso
Key Points:
Diamond drill rig on site and operating.
~2,000m of RC drilling planned to in-fill and extend previous highgrade
intercepts including:
5m at 60.36g/t Au from 75m (including 2m at 128.5g/t)
31m at 3.19g/t Au from 34m
15m at 7.78g/t Au from 105m
~500m of diamond drilling planned.
Vital Metals Limited (ASX: VML) is pleased to advise that drilling has
commenced at its 100%-owned Kollo Gold Project in Burkina Faso, West
Africa to in-fill and extend known high-grade gold mineralisation.
A diamond drill rig is currently on site and commenced drilling operations
on the weekend. The Reverse Circulation (RC) rig has received all of the
import permits and is expected to be mobilised pending a final physical
inspection.
The Kollo Gold Project is located in the heart of one of West Africa’s most
prolific gold districts, a region that is attracting growing attention due to
recent exploration success and corporate consolidation activity.
Kollo is located approximately 50km west of the producing Youga mine
that was purchased in February 2016 for US$25 million by MNG Gold.
MNG Gold also recently completed the purchase of the high-grade
Balogo project, located to the east of Kollo.
To the north, on the Markoye fault corridor, West African Resources’
(ASX: WAF) Tanlouka Gold Project has been returning outstanding
grades, including 32m at 5.02g/t gold from 2m and 8m at 31.78g/t gold
from 58m.
Immediately to the south of the Kollo Project is Cardinal Resources’ (ASX:
CDV) Bolgatanga Project and Namdini Project in Ghana. The Bolgatanga
Project has returned broad mineralised intercepts similar to those seen
at Kollo, such as 43m @ 1.55g/t gold and 51m @ 1.02g/t gold.
NOW UP 25% FOR THE DAY!! on good volume - Something brewing :)
Good sector today guys:)
MKO up 12.5% too
Lease of Bronzewing Mill Facility Update-MKO.AX
Most of my producers and developers up 6 to 8% too
BYR a bit flat, 6.8c from a high of 8c..2nd lot of drill results more down to earth.ALOT of (shallow)drilling to come to hopefully prove up a large long zone of OZ to be milled at low cost with deeper drilling much later (hopefully). Some new substantial holders.
Attachment 8192
I could see MKO trade over 20c by Xmas ....
My main doubt on MKO is MR. I've seen at first hand over the years how shareholders' wealth has not grown as I expected under his leadership. Shareholder communication is not his strong point either. RWD was a real disappointment despite its huge resource, IRC dithered around for years with its gold and now he's playing around with the Bronzewing Mill. I held VRE and NAV when they owned this mill and it was not good under either of them although it was the u/g costs that killed them. For myself, the management must be proven top tier, as they are the ones that have the vision and strategy and kick the goals. This modest operation looks like a low budget, low goals scenario, not a mid-cap powerhouse in the making.