GREY:RNKLF - Post by User
Post by
pierregon Nov 12, 2019 10:30am
181 Views
Post# 30339595
Paul Huet with key insight from his New York conference
Paul Huet with key insight from his New York conferencehttps://www.youtube.com/watch?v=JTHcoB0vPAY+ https://www.youtube.com/v/JTHcoB0vPAY?start=56&end=62 « One of the only things that hasn't changed in this short period is actually the name and we're considering that actually. » https://www.youtube.com/v/JTHcoB0vPAY?start=331&end=370
« In an area of the mine that we were supposed to have 30 to 45 ounces we ended up with 3,200 ounces. On September 24th in another area about 400 feet away from that same zone we were supposed to have 20 ounces in our model because our models are capped. We ended up having 1,750 ounces of high grade specimens. So, just to put it into perspective, in Q4 we're gonna have an additional 5,000 ounces of specimen Gold. That's at $2,200 an ounce Gold in Australia that's over 10 million dollars. That goes right to our bottom line. That's gonna be added right to our treasury. »
About Continued High-Grade Coarse Gold Occurrences slide https://cdn.ceo.ca/1eslg6p-highlights_2.PNG https://www.youtube.com/v/JTHcoB0vPAY?start=583&end=615 « This last long section just shows you how often we've hit these high-grade specimens. So, you can see all those stars that's a half a kilometer strike length. Our deposit is four kilometers in strike and we're mining three different shears. This is a zone just one area where we're mining it and you can see how frequent we've hit these high-grade specimens and that world-class one that 30,000 ounce Father's Day is right there. The good news about this is that this was all intercepted just by drifting. We haven't taken any of these stopes out. » https://www.youtube.com/v/JTHcoB0vPAY?start=275&end=285 « We've got a strong team in Australia, is looking at getting an ASX listing in 2020. So, hopefully we can get that done in the first half of the year. »