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RESERVOIR MINERALS INC V.RMC

"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."


TSXV:RMC - Post by User

Post by psj567on Dec 02, 2013 9:41pm
294 Views
Post# 21962368

Two New Spectacular Grade Holes Significantly Expand Size

Two New Spectacular Grade Holes Significantly Expand Size These two new holes on the western most edge of the deposit are spectacular grades. Equally important they significantly expand the size of the high grade sulfidation zone beyond what has been modeled in both the Scotiabank and GMP Reports, rendering their 12 month targets of $7 and $7.60 respectively, conservative. One just does not find these amazing high grades consistently any where else in the world, let alone in a mining friendly jurisdiction, in a mining community, in the middle of Europe with mining infrastructure in-place and cheap grid power. Simon's staterment in the NR does say it all. As to whether the yet to be released holes in the northeast will reveal further size to the already known porphyry at depth, look how deep several of the holes are. An experienced major such as Freeport does not continue to drill down to approximately 2 KM in a hole unless there is something there.
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