GREY:KXLAF - Post by User
Post by
arachne1on Sep 27, 2011 12:07pm
541 Views
Post# 19088905
NEWS - Analysis
NEWS - Analysis
"Completion of the updated resource estimate will be deferred until October to enable us to incorporate these recent, material results. The revised resource estimate will be followed by an update to the Magino Preliminary Economic Assessment (PEA) in November/December".
Translation:
Hey, I can't tell you how many gold coins I have now.
I need to count the bag of new gold coins I just found!
"Virtually the entire 300 metre vertical extent of gold mineralization identified in drilling is higher grade than the resource cut off grade and is highlighted by thick intervals of good grade gold mineralization in drill hole MA11-122. The Magino gold deposit is open at depth and along strike southwest of this section".
Translation:
OMG, there will be a heck of a lot more gold coins to count in the future.