Post by
Gold_Bullion on May 01, 2021 9:46am
GAP & Superpit
They're getting ready to drill GAP & Bullfrog pit extensions pretty soon. Pretty decent shot at Bullfrog pit connecting to Montgomery Shoshone but GAP may be the prize. Bonanza mountain might also connect to the Bullfrog Pit if they extend bullfrog westward at Ladd Mountain. But that connection would likely be much down the road in the future. Think Kalgoorlie - many historical pits ultimately consolidated into 1 giant superpit. Retail isnt familiar with the area and I heard mining sector broker's also dont have a clue as to what's going on this district. That's precisely the reason why Nevada Gold Mines isnt involved anywhere in the district. I call it a 100 year coup. No promos, no retail updates. Just discretion. Initially the past Bullfrog CEO from 2011-2020 thought the Ladd mountain had too much wastage to get to the ore. These guys are coming in with a very different view of everything. "fresh view" on the whole district. Armed with a lot more geological knowledge. Many dont know that Beling did not have access to the south portion of the Bullfrog Pit, Bonanza along with other claims in the area. These assets were brought into the company by Barrick ONLY when Augusta Group came in. I think we may see results of some of that Barrick data in the Q3 resource update.
https://twitter.com/torchincapital/status/1388468978029408265
Be the first to comment on this post