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Core Gold DMMIF

Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.


OTCQX:DMMIF - Post by User

Comment by RONNIE111on Sep 07, 2019 9:24am
57 Views
Post# 30105006

RE:Core Gold’s Locations - 2b) Dynasty - Geology and Drilling

RE:Core Gold’s Locations - 2b) Dynasty - Geology and DrillingThankyou , standfir, for all that incrediible information.  I have never seen it all layed out like that before.

The potential is truly staggering.  Large gold companies need to spread themselves over continents, or even around the world, to get the number of mines that Core could have in a couple counties in Ecuador.  

It seems like just when Dynasty started to seriously look at these sites , Correa shut down most everything in Ecuador mining wise in 2007 (probably with some pretty good reasons because of previous abuses - brings to mind Titan in Peru).  But now that Ecuador is opening up again , and exploration permits are being issued again, the true potential of these sites can be determined.

My thinking would be that even the large miners would have to be interested.  With a number of million oz au already proven, and many, many more possible (plus cu) , some at least high grade, near surface, etc., in a politically stable country; hmmm.  And the recent big jump in gold price has to have them thinking about getting their hands on more oz, at a time when that is harder to do.  

It remains to be seen how much of this potential wealth will filter down to ,what I would call, the truly deserving: the long term shareholders.  But it is nevertheless very exciting.

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