Recap of DDFor anyone doing some dd on Sun Metals, here's a brief recap of what I gleaned a few weeks ago after the assays were released from the upper massive sulphide zone of hole
So to recap SUNM facts...
- recent new discovery of 100 m grading 2.51 % copper, 3.03 g gold/tonne and 52.4 g silver/tonne which includes the upper massive sulphide zone of 36.5 m (or 120 ft) grading 4.4 g gold/tonne, 84.6 g silver/ tonne and 3.89 % copper (no mistake in decimal place there!) and the lower zone of 29.2 m grading 4.29 g gold/tonne, 65.7 g silver/tonne and 3.35 % copper.
If you haven't, check out core video...it's really something!
https://vimeo.com/296047506/95dc57cd41
- represents the richest grades intersected to date in the 80 year exploration history of the property (and over 80,000 m) of drilling
- company has stated that they are closer to discovering higher grade feeder zones...think about it...higher than those grades stated above!
- management is top notch with 8 board members or advisors having PhDs in geology and decades of international experience in the discovery and development of various deposits
- insiders hold about 35% of the stock
- mining house/management company (Oxygen Capital) has previously outlined significant deposits of explorecos. held before selling the companies for significant gains
- company is exploring in "elephant country" with several large deposits in vicinity; including Serengeti