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Highgold Mining Inc V.HIGH

Alternate Symbol(s):  HGMIF

HighGold Mining Inc. is a Canada-based mineral exploration company. The Company is focused on high-grade gold projects located in North America. The Company's flagship asset is the high-grade Johnson Tract Gold-Zinc-Copper Project located in accessible Southcentral Alaska, United States of America. The Company also controls junior gold miner land positions in the Timmins, Ontario gold camp. This includes the Munro Croesus Gold property, Golden Mile, and Timmins South properties. The Company also has 100% ownership of a group of properties in Yukon's new Selwyn Basin Reduced Intrusive Related Gold district. Its Johnson Tract Project is a poly-metallic (gold, copper, zinc, silver, lead) project located near tidewater in Southcentral Alaska. It includes the high-grade Johnson Tract Deposit (JT Deposit) and numerous mineral prospects over a 12-kilometer strike length. The Munro-Croesus Gold Project is located approximately 75 kilometers (47 miles) east of Timmins, Ontario.


TSXV:HIGH - Post by User

Comment by tarsandson Jun 24, 2022 12:53pm
72 Views
Post# 34780693

RE:Resource conversion has doubled the foot print

RE:Resource conversion has doubled the foot printI"D say that the blob or deposit that is mineralized is 3 times as big , but at a much lower grade, much lower.  That higher grade blob should be moved more into a more measured category , and the larger overall blob or mineralized area. Is lower grade.  2.2 grams / t is my guess.

We might get a total  of 1.2 million ozs across all categories.


Also I think Stifel gave Timmins property a valuation of approx. $15 million!

And then our MC is like $51 million - $15 million is $36 million for JT.

Ha, stupid, again why the heck did TAU get $25 million for drilling with results that are a LOT less highgrade then ours , and with a 43-101 already.


We only need like another 150,000 ozs added too our resourse too top a 1 million ozs , but I would like that 150,000 ozs too be higher then 4g/t or maybe 3.5 g/t.


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