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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Post by diabase1on Jun 05, 2012 3:42pm
478 Views
Post# 19982530

deposit getting much bigger!!

deposit getting much bigger!!

In their previous resource estimate, their cutoff grade was 0.4 g/t Au (compared to 0.3 for everybody else). Their Au ounces were calculated to a depth of ~360m. Anything below 360m is gravy. Today's news release puts the gold down to 600m.

After a 'ton' of news releases by October or November, I suspect that alot of people will be guestimating what their 'new' gold resources will be. These are interesting times.

 

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