GREY:VITFF - Post by User
Post by
adoraon Apr 25, 2012 3:25am
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Post# 19832429
10 moz in resources already?
10 moz in resources already? From https://www.vitgoldcorp.com/:
"Over the past 2 years, through exploration, the Eagle Gold deposit has grown as shown in the graph below."
EagleGoldDeposit_graph.jpg
"With an increasing resource, the Eagle Gold Mine has the potential for expansion to greater than 300,000 ounces per annum."
The graph shows a target of 10 moz, it would be folish to set such target if it's not reached in the new resource update coming in Q2. I think they already know that the company has reached that target.
The expansion study in Q2 will be interesting.