Busy News flow period ahead23 Jan 2022 21:02
This touched 0.75 in Feb 2021. Drop seems way overdone in my view providing an excellent Buying /top up opportunity.
Some been over analysing things here. Looking to add more here in coming days if price stays at these crazy low levels.
At only £9m MCap, this is Significantly undervalued.
GOLD PROJECTS - Pilbara (Australia)
Both Aussie Gold projects look superb from initial results. More drilling and results to come through.
(1) Northern Zone Gold Project, Kalgoorlie, Western Australia -
* Positive Gold Assays Received & Exploration Target of 2.5 - 4.8Moz Gold Identified.
Northern Zone has been correctly interpreted as an Intrusion Related Gold System (IRGS) with wide gold mineralised felsic porphyry intrusions.
* Intrusion Related Gold System (IRGS) deposits can host significant ounces of gold, such as Boddington Goldmine (WA), Fort Knox (Alaska), Dublin Gulch (Yukon) and Timbarra (NSW)
The Northern Zone Project is in an area highly prospective for gold and is approximately 25km east of Kalgoorlie, the home of the 'Super Pit' mine, the second largest gold mine in Australia after "Boddington" (Australia).
(2) Jundee East -
* Work programme approved by Ministry in October 2021 for drilling of 5 target areas defined as part of the maiden drill.
* A slimline Reverse Circulation ("RC") track mounted drill rig secured in December.
* Work to commence later this month (Jan 2022).
The maiden drill programme aims to confirm the presence of a previously "Unrecognised Greenstone belt" proximal to Northern Star's Jundee Gold Mine.