RE: Shallow gold21 May 2025 10:11
Yes — MILA’s grades are excellent, especially for a £2m market cap with £1m cash.
• MYARC0197:
• 11m @ 2.91g/t
• 1m @ 39.1g/t
• 17m @ 5.46g/t incl. 8m @ 9.76g/t and 1m @ 47.4g/t
= High-grade + shallow + thick
• Location: Tier 1 (Queensland)
• Stage: Early, with 8 assays to come
• EV ~£1m = ultra-cheap entry
If upcoming holes hit similar grades, this could easily 5–10x. Results are better than most juniors at 10x the cap