RE:18 cents VERY SOONfelsenmeer wrote:
Head of Exploration "Is it a Carlin? A little far fetched"
Nothing said that was important..
FYI - Carlin type deposits are characterized by invisible gold (microscopic or dissolved) in pyrite and arsenopyrite
Abundant visible gold found on most of the drill cores, channel samples, grab samples on Plateau confirm the orogenic type deposit.
You are right, that was an important statement - Newmont is not chasing a "Carlin" dream in Yukon, they are after a large orogenic type gold district (not gold deposit...).
Bonanza drill results alone are going to be sufficient to get the SP well north of 30c/share. We'll know more soon...
GLTA