Rio Novo Gold Inc. RIVVF

RE: feasibility technical report is out.

[elgin1]

Like the report states " Greenstone gold deposits typically have a large vertical extent and the potential for deeper underground targets is good and likely.  Important to note that exploration has been primariarly designed to identify near surface targets Deeper areas of terrain have yet to be explored."   last paragragh page 81 of report. 

Paiol pit at deeper levels is not included in the resource - so after some initial mining, hopefully they can add to resources and mine life.

Lets hope they get the financing soon so they can still be on target for production in q1 of 2014.

And if Matupa gets on track .... huge potential and reserve there.