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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by oldtimer42on Mar 27, 2012 5:01pm
380 Views
Post# 19724856

RE: Estimate

RE: Estimate

If as Aurun found out, the GWY 43-101 may be delayed a week or two, you may recall that I said just that a few days ago. If it turns out to be accurate, it is not necessarily a bad thing. It probably indicates that GWY is satisfied with the figures. Otherwise, they would have simply kept drilling until they had a reasonable resource estimate. One thing to keep in mind is that VEN had a land mass o 4,591 hectares. Now, I do not know how much of that is uasable, but GWY has 460 hectares at Cali, quite a difference. GWY has about the same amount of land at Vetas. In the end the 43-101 will be very interesting. The VEN 43-101 projected gold recovery at 3.9 grams per ton, we shall see what GWY comes up with. Keep your powder dry.

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