Newmont , Victoria , Australia [Canadian forum],9 hrs ago, 2.7.242 Jul 2024 23:29
Helpful,
Ah, I was right after all. My guess was that with GREAT PACIFIC GOLD on TSX, Canada hitting a HIGH GRADE GOLD DISCOVERY HOLE which is SIMILAR TO FOSTERVILLE'S DISCOVERY HOLE, the ==VICTORIA GOLD FIELDS==are now in play and there is a gold rush.
I was right and I posted earlier today from the Australian Mining that the Oz govt has ISSUED new licences and Australian Govt said that in the FINANCIAL YR ,A$130m was spent in Victoria, Oz for exploration etc.
On Great Pacific Gold Canadian forum, 9 hrs ago, savingfamily posted: " GIVEN ITS POSITION [see Australian land package map] N E W M O N T COULD BE INTERESTED by M O O R M B O O L , which was part of the same A$500,000 DEAL AS AVOCA & TIMOR." https://ceo.ca/gpac
Comment: For those who dont know who owned the licence AVOCA & TIMOR, I recall it was ECR MINERALS of AIM, London who sold the two licences. So, what the poster from Great Pacific Gold, Canada is saying is that IF NEWMONT COULD BE INTERESTED IN MOORMBOOL in the Victoria goldfield, OZ, THEN THE PRICE COULD BE A$500,000 SINCE THAT WAS THE LAST M & A price for sale of licence.
Today, it would also appear ECR is going to SELL LICENCES IN VICTORIA, AUSTRALIA.
So, I was right in that sense from having read ECR's RNS today of selling licences for tax losses. SO, SIMILARLY, hence why I asked if RRR is going to SELL THEIR LICENCES [except Kilmore & Kilmore West]. That is also what GREAT PACIFIC GOLD of Canada investors are discussing but they dont think the co will sell C O M E T which has two drills done , 6 mths apart and which HIT HIGH GRADES 1ST TIME DISCOVERY HOLE-------===SIMILAR TO FOSTERVILLE'S 1ST DISCOVERY HOLE.
AH, IT IS TRUE THEN THAT THE WHOLE OF VICTORIA AROUND FOSTERVILLE, COSTERFIELD AND SUNDAY CREEK ARE NOW HOT EXPLORATION LICENCE PROPERTIES. Only this area given Great Pacific Gold hit high grades like FOSTERVILLE and SXG HIT HIGH GRADES AND PIERRE LASSONDE SAID THAT SUNDAY CREEK IS A "FOSTERVILLE LOOK-ALIKE."
Nice. Tues, 2.7.24