Post by
Yepnewpapy on Oct 23, 2024 9:15am
Parbec 100% gold
Parbec is the most advanced project with a potential over 1,000,000 Oz Au
Previous owner Globex Mining published a report claiming Parbec had a GOLD resource of 700,000 ounces. Renforth has an old NI report with a resource of 281,000 Oz Au
RFR resource and Globex Resource are located at 2 different places....therefore you can add both numbers.
RFR work on Parbec was using an open pit model. Lately RFR found that model to be wrong. Infact there is gold in the pontiac sediments and outside the open. furthermore the gold mineralization in the open pit open at depth.
With current gold price reaching an all time high, the biggest bang for the buck is Parbec
GLTA