EXPM:HRTFF - Post by User
Post by
revelation182on Jul 13, 2018 2:29pm
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Post# 28313788
Re : July 2017
Re : July 2017Its not a big mine, but it should be a profitable mine, Roman said. The big upside is the regional exploration and the continued defining of a larger-sized deposit. The recently discovered Middle and Wolf zone deposits are growing in size, and thats why we feel in this area we have potential just on that 3,000-metre strike length of 3 million oz. but it also extends south, he added. Michael Gray of Macquarie Research says the Sugar Zone could be the tip of the iceberg, and that the company is in the early innings of exploring and expanding its Sugar Zone project resources. The mining analyst says there is high potential for on strike and subparallel zones to be discovered in the more than 3 km Sugar Deformation Zone, and throughout the large land position for over 5 million oz. ultimate potential the Sugar Zone project has a large, 620 sq. km consolidated land position covering a vastly unexplored series of greenstone belts especially given the region hosts the more than 30 million oz. Hemlo Gold belt and the plus 2 million oz. Island Gold mine.