RE:RE:RE:When the collapse comes I hope goldmine shares will be Good video Thnaks ! Shows the extent of what Transition & Aldershot are looking at appears to be large gold system as reported by the 2 companies
Fyi, This new gold discovery is a short distance from one of Canada's largest gold producing mines the "Young Davidson Mine" which is 100 % owned operated by Alamos Gold Inc ( AGI.T) a major gold producer trading at $10.00 / share on the TSX.
The grades that Aldershot drilled are very comparable to what Alamos is mining at the Young Davidson.
Aldershot Drill Highlights
Drilled (2017)
11.52 m of 1.63 g/t Gold incl. 1.08 m of 6.21 g/t Gold
Drilled in (2011)
2.4 g/t over 7.1 m
4.7 g/t over 3.1 m
82.5 g/t over 0.4 m
1.6 g/t over 11.7 m
The Young Davidson Mine
| ANNUAL OPERATING DATA | | 2015A | 2016A | 2017E |
| Production | oz Au | 160,358 | 170,000 | 200,000 - 210,000 |
| Cost of Sales2 | US$/oz | $1,162 | $1,087 | $1,050 |
| Total Cash Costs1 | US$/oz | $683 | $657 | $625 |
| Mine-Site All-in Sustaining Costs1 | US$/oz | $986 | $897 | $775 |
| | TONNES
(000) | GRADE
(g/t Au) | CONTAINED
OUNCES |
| Proven & Probable Reserves | 43,220 | 2.65 | 3,687,000 |
| Measured & Indicated Resources3 | 12,531 | 3.09 | 1,246,000 |
| Inferred Resources | 3,555 | 2.75 | 314,000
|