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Bullboard - Stock Discussion Forum Mountain Lake Resources Inc V.MOA

TSXV:MOA - Post Discussion

Mountain Lake Resources Inc > MOZ Resource update (MOA)
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Post by Ridgeback on Mar 30, 2012 9:16am

MOZ Resource update (MOA)

The revised list for MOZ includes the same amount for V Lake applied to MOA.

Please note: The phrase “insitu value” refers to the in-the-ground value of the 43-101 compliant resources at recent metal prices. Important: The insitu values do not account for political and other types of risk, cost of extraction, capital costs or other associated risks and costs.

While we find this information useful in comparing similar projects and seeking new investments, remember that the earlier the stage of development, the higher the risk of a resource investment.

 

Marathon Gold Resource Update Value

 

Date 2012-03-30

Company- Marathon Gold Corporation ( Same numbers apply to this area for MOA)

Valetine Lake Gold Project.

Metals - Gold

Previous values $466,343,846

Revised values $605,852,328

Change 29%

 

Golden Chest

Date 2012-03-06

Golden Chest USA

Metals - Gold

Previous values NA

Revised value $298,678,689

Change % NA

 

Total Resource Valuation $904,531,52

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