GREY:PMVGF - Post by User
Post by
twintomatoeson Aug 10, 2011 12:16pm
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Post# 18926546
1800 gold
1800 goldI'm loving this share price over the past few days. I have picked up all I can afford of late. We are still going to have a steady stream of news from our 40,000M drilling program, resource update estimate shortly and the most important of all..ladies and gentleman....this is not FOOLS gold here. What PMI gold has is the real deal including 80.08m @ 7.49g/t gold some other holes here as well
| Highlights - Drill program to be expanded from two to five rigs
- Ongoing infill drilling at Obotan confirms wide zones of moderate to high grade intersections including 80.08m @ 7.49g/t gold
- Funds from recently concluded $35M Australian IPO and Canadian placement support an expanded extensional and in-fill drilling program of up to 40,000m at Obotan
Table 1 - Significant Gold Intercepts (>10.00 g/t Au metres): | Drill Hole | From Metres | To Metres | Intersection Length Metres | Weighted Avg. Grade g/t Au (uncut) | | NKR10-020 | 182.00 | 195.71 | 13.71 | 2.21 | | NKR10-022 | 272.79 | 519.00 | 246.21 | 1.27 | | Including | 272.79 | 293.00 | 20.21 | 1.86 | | Including | 337.00 | 337.80 | 0.80 | 18.94 | | Including | 353.00 | 377.00 | 24.00 | 3.18 | | Including | 361.15 | 362.30 | 1.15 | 15.35 | | Including | 418.00 | 463.40 | 45.40 | 1.92 | | NKR10-026 | 329.00 | 349.70 | 20.70 | 1.05 | | 354.17 | 364.48 | 10.31 | 1.25 | | NKR10-027 | 271.48 | 274.00 | 2.52 | 9.58 | | 365.76 | 374.09 | 8.33 | 5.14 | | 381.00 | 385.40 | 4.40 | 2.93 | | 435.00 | 440.19 | 5.19 | 3.29 | | NKR10-028 | 270.50 | 284.20 | 13.70 | 5.33 | | NKR10-029 | NSR | | | | | NKR10-031 | 256.92 | 337.00 | 80.08 | 7.49 | | Including | 256.92 | 269.54 | 12.62 | 3.01 | | Including | 278.06 | 283.56 | 5.50 | 18.11 | | Including | 306.65 | 327.51 | 20.86 | 17.61 | | 356.00 | 366.00 | 10.00 | 1.17 |
All that GLITTERS IS GOLD!! |