Monument Mining Ltd V.MMY

Magnificent hit of substantial visible gold at Tuckanara

[nozzpack]

ODY doubled its market cap to $75 million today when it announced finding a nice chunk of visible gold in one of its drill holes under the Bottkedump pit at Tuckanara.

Two other intercepts were also quite good.
Once again, I note that this discovery was in Greenstone BIF which is sought after by gold mining companies because of good grades and a long mine life.

Note that Gabanintha and Burnakura have lots of Greenstone BIF lithology .

As I have noted many times, nearly every single open pit at Murchison have high grade gold in their basement .
There are 20 such previously mined open pits at Burnakura and Gaby and dozens of potential new never drilled oxide pits identified by the 3 D model.

So, our investment in ODY is now worth $15 m and you can bet that they will find many more ounces of gold in this drilling campaign.

https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/significant-visible-gold-at-bottle-dump-2537675.html

[Sharegar777]

Thanks nozzpack,       Your research is always adding value to this board and makes everyone's job so much easier in monitoring their investment.  It is looking superb on many fronts and the momentum our SP is gathering will also not go unnoticed.   Good times ahead. The market is finally wakening up to our value and great potential.  GLA Sharegar.

[SilverNS]

Milestone Consideration: AUD$1,000,000 cash payable on the delineation of an independently assessed mineral resource in accordance with the JORC Code (2012 Edition) of at least 100,000 ounces of gold at a minimum resource grade of 1.55g/t in relation to Tuckanarra Gold Project, within 36 months of completion of the Acquisition.

[nozzpack]

81,000 ounces deleneated already by the earlier JORC code which is quite close to the current model. With an increased POG, and recent and  future drill reults \, the objective of 100,000 ounces will be easily met