RE:RE:New article on Ahead of the herd. goldhunter11 wrote: Agreed, nothing really new here. It's essentially a re-writing of FVL MD&A. May be that why Rick Mills wrote the article rather than Brad Aelicks who wrote previous articles on FVL (BTW, where is Brad these days? Perhaps, Brad would wait for the rest of the data for 2020 to come out before analyzing the results). At any rate, it a good publication, just to keep FVL in inestors radar.
Just wanted to add a few items: (a) The 40,000m program for 2021 would cost some $6-10M, depending how expensive each hole would cost (extensive helo-assisted would lead to the high end...however FVL still have plenty of cash to cover all that plus other activities, such as new RE estimate and updated PEA; (b) drill results for the rest of the holes, from 2011 onward, are due any days; (c) The short-term impact would come from hole 2011, 2015, 2016, and 2018 since this cluster, if te results are favourble, i.e. high-grades with long intervals, would add quite a bit more resource to the current 6.5Moz; (d) The other cluster, holes 2012, 2013, 2014 and 2017 (see slide 18, Jan 2021 Corp Pres) could be considered as step-out to the east and to the south; (e) the last Corp Presentation is due for an update. Presumably, Kristina want to include the new results in the update.
The TSE is open for trading today.
GH11
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Chrysosgold wrote: https://aheadoftheherd.com/freegold-ventures-new-assays-continue-to-show-resource-expansion-potential-of-golden-summit-project/
Great summary GH11. Almost 2 months since the last release of a couple of holes. The next release will be a bunch of them, and I do really think this time they are putting a lot more of them together. They have hit on every one of the 9 (1 lost) holes of the FY 2020 program, some of course better than others. However they hit high grade zones in most of them, and the length of intervals was spectacular. The residual grade was about 40%-50% better than the old Dolphin initial RE.
So we have 8 holes o/s from the FY 2020 which we wait for biting our nails. A nice update on the FY 2021 40K metre program would be nice also. A lot going on and I do expect, and hope for, a more robust and thorough PR this time.
GLTA
BC