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Notable Anza drill results from 17 intercepts in seven drill holes include 17.76 grams per tonne gold over 5.32 metres, 4.89 grams over 13.9 metres, 5 grams over 23 metres and 4.86 grams over 25 metres.
My guess 5m oz conservatively.
Add yours.
Lol
Its malleability, ability to conduct electricity, and ability to be alloyed with a variety of other metals make it useful in manufacturing, in more applications than you might expect. Because thin layers of gold reflect radiation, this ancient metal is now being used on space vehicles.
Common Products Made of Gold
Jewelry
Currency
Bullion and investment coins
Electronics, including computers and cellphones
Aerospace components
Dental appliances (the use of gold to make them is declining)
Products Containing Gold that Are Used in Health Care
Medicines containing gold have been used to fight arthritis, ulcers, and even some cancers
Implantable devices and surgical tools because gold, like platinum, does not react chemically with human tissues
Read on
https://www.specialtymetals.com/blog/2021/11/1/how-gold-is-used-in-industrial-and-manufacturing-processes#:~:text=Its%20malleability%2C%20ability%20to%20conduct,being%20used%20on%20space%20vehicles.
Although it does have industry applications also.
$1398 oz Gold live.
£1916 oz
New high $2375. £1892 live
Gold another new ATH again today.
Very wise words from Brad. He knows the gold rush has started and hard cash is beginning to flow in the direction of hard assets.
Just as we recently had the AI boom with companies all rushing to add AI to their narrative the same tactics will follow with precious metals and the king of them is gold.
In these terms OMI is hitting the ground running having 100% of Anza with ground operations well developed complements of Newmont and Agnico and many thousands of metres already drilled
Our vision is to be the preferred vehicle for investors to gain exposure to high quality exploration projects, in key commodities, in the most prospective jurisdictions. Our strategy is to acquire and develop a diversified portfolio of high-quality assets as efficiently as possible to maximise shareholder returns.
We will focus only on projects (advanced and early stage) that have the potential to host tier one mineral deposits and we will operate those projects to the highest professional and technical standards. We will provide our shareholders exposure to a diversified package of assets and commodities, we will manage risk, develop optionality and then assess and pursue the options that provide the greatest returns to our investors.
We aim to set ourselves apart by focussing on the assets, rather than spin, speculation and promotion. We will operate in a lean and efficient fashion, keeping overhead low and putting our funds into the ground. We will stick with what we know and focus on projects and jurisdictions that leverage our skills and operating experiences and not expose the company to risk that we are not able to manage.
Lol. Steady as she blows under the radar. Gold stock speculation is ripe with further new highs on physical are reached today with plenty more gains anticipated big cash is flowing into the sector.
What happened to 3p what a let down we finished level on a bullish harrami cross. So many sold expecting 3p. Derampers here are clueless
No worries Impecunious . Accepted
No coincidence we are talking operations off Newmont but they are maintaining their major holding.
Agnico will work on an improved JV now imo.
Red to flat. Let’s see the auction price. Looks like a reversal to the bulls to me.
Wrong bb pal.
Bank. What is interesting is the dollar is going up in addition to gold USD reaching new highs. Obviously gold GBP capitalises on top of this.
Gold just hit 1840 GBP gulp. Sheet is hitting the fan.
Argentina project looks interesting. Mixing in with the Newmont & Anglo Gold. Ready to drill H2 2024
El Pantano Project - Evidence of Argentinian massive low sulphidation epithermal system
Orosur announced it had signed an Exploration & Joint Venture ('Argentinian JV') agreement ("Agreement") with private Argentinean company DESEADO DORADO S.A.S ('Deseado) and its shareholders in relation to the El Pantano Gold Project in the Province of Santa Cruz, Argentina (the 'Argentinian Project') on 15 February 2022. The Agreement covers nine licences owned by Deseado, that total a combined 607km' in the prolific Deseado Massif region which has, in recent decades, been shown to host numerous high-grade tier-1 gold and silver deposits.
The two largest of these are Anglo Gold's Cerro Vanguardia mine and Newmont Mining's Cerro Negro deposit. Other substantial projects in the region include Yamana Gold's Cerro Moro (that was taken over by Pan America Silver Corp. (NYSE: PAAS) in March 2023 which also owns the nearby Manantial Espejo silver deposit. Very rarely for an exploration project, Orosur was granted an option to earn up to 100% of the El Pantano Project by investing in excess of US$3m in exploration over 5 years. Orosur has held preliminary discussions with a number of these same parties and their representatives to review interest and their possible future involvement pending further development results.
Orosur is now in a position to progress mapping, ground magnetics and sampling in order to begin defining its main structures.
The Anzá Project - More than 20 km strike of both Tonusco and Aragon faults
The Anzá Project (the Project) consists of seven potentially world-class licences (three granted and four applications) totalling approximately 207km2
Since the JV was created, the Project advanced significantly with
spending of the order of US$16m, wherein ongoing drilling programs have consistently produced very thick, high grade gold intersections. Having over 20km strike of both Tonusco and Aragon faults, >40,000m have been drilled (mostly on APTA). Mapping indicates a major porphyry system at El Roble and El Cedro, while first drilling on Pepas (mid-2022) produced 150m @ 3g/t Au from surface.