CSE:NEXU - Post Discussion
Post by
Swedeprof on May 26, 2021 1:25pm
closer and closer to a buy-out / take-out
$IGLD / $GIDMF announced an updated resource estimate last week consisting of 537,300 oz #gold in the M&I category and another 943,500 oz #gold in the inferred category.
https://www.newsfilecorp.com/release/84380 Today, $IGLD.C announced completion of their Phase 2 drill program, results are expected over the summer. Drilling was completed in their newly discovered zone where they hit 80ft of 9.1g/t Au & 23.2 g/t Ag.
https://www.newsfilecorp.com/release/85138 Important to note that these results will be included in the upcoming resource estimate that will be used for the PEA (Preliminary Economic Assessment) which is scheduled to be released before end of this year.
Don't forget we are adjacent to and included in the 'Plan of Operations' on the Barrick/Newmont's JV - Nevada Gold Mines
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