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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by nor_easteron Feb 02, 2012 11:38am
494 Views
Post# 19479874

AUX (Ventana) - 7 million oz gold and growing...

AUX (Ventana) - 7 million oz gold and growing...

I have no doubt Galway has been drilling the extension of the same mineral deposit as AUX.

Galway stands to gain from improved infrastructure, engineering, environmental studies, social acceptance, etc.

Galway land borders and at times crisscrosses AUX property. See here: https://www.galwayresources.com/i/pdf/California_Land_Map.pdf

From the video (link:https://www.youtube.com/watch?v=aobNO-4AlHE), this is what I understand...

The AUX property is one of the riches gold mines in the world.

After 100 000 meters of drilling AUX has identified:

7 million oz gold

19.2 million oz silver

84.6 million pounds copper

Deposit open for 330 meters all directions

Stoping mining method will be used

Initial investment of 400 million$ us

Production 700 thousand to 1 million oz gold equivalent per year

So Mr. Batista was correct, AUX (Ventana) seems to be worth at least three times more than what he paid for.

Galway...the next Ventana.

GLTA and please do your own due diligence.

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