RE: Keep an eye out for Trelawney Barisian, thanks for posting. After the late-day halt the news is now out. https://www.trelawneymining.com/news/2012/trelawney-announces-updated-resource-59-million-ounces-inferred-and-09-million-ounces
Looks like they had a $528 mil market cap going into the halt with the previous 43-101, and this new estimate increases their resource by 63%. Their average grade looks much lower than Springpole so it will be interesting to see where the g/t comes in when GCU releases results. Grade is key.
"The estimate has an indicated resource of 35 million tonnes averaging 0.82 g/t for contained gold of 0.93 million ounces and inferred resource of 204 million tonnes averaging 0.91 g/t for 5.94 million ounces of contained gold. A cut-off grade of 0.3 g/t Au was used for the estimate. The new resource estimate represents an overall increase of 63% in the total ounces of gold over the 2011 resource estimate."