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Great Republic Mining Corp V.GRM


Primary Symbol: C.GRM

Great Republic Mining Corp. is a Canada-based exploration-stage mining company. The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. The Company is focused on developing economic precious and base metal properties of merit and conducting its exploration program on the Porcher Property. The Porcher Property group consists of over nine contiguous mineral titles covering an area of approximately 3,560.4 hectares in the northwest part of British Columbia, Canada, approximately 40 kilometers southwest of the city of Prince Rupert on Porcher Island.


CSE:GRM - Post by User

Bullboard Posts
Post by StayingLongon Sep 28, 2011 8:50am
276 Views
Post# 19092118

Arizaro

Arizaro

This drilling campaign has "BLUESKY" written all over it. In my opinion, even if Arizaro drill results disappoint, there is no way MDR's SP is giving any value to Arizaro.

Should the Leasks have tracked down the Arizaro feeder zone.............. which would be confirmed by great drill results ........................... then I see this as a game changer for addition ounces of gold and a big step towards this area transforming from a gold deposit (Lindero) to a mining district (Lindero, Arizaro & Rio Grande). Mining districts logically attract the attention of the big boys (Barrick, Rio Tinto, Newmont, Goldcorp etc, etc)  with deep, deep pockets and a thirst for getting additional deposits at a massive premium to the current SPs of MDR, PMA and REG.

From the MD & A released Sept 27, 2011

"In May 2011, the Company commenced a 3,000 metre diamond drill campaign at Arizaro with the intent of defining the size and orientation of the feeder body. The drill program is currently in the final stages of completion due to extreme winter conditions, and assay results are beginning to arrive. Once all results have been received, the Company will release the information."

Cheers, (The sky is blue in my world), Your blue-collared bud, SL

Bullboard Posts