spun out of HLX and GIR’s au portfolio’s
several au projects in aust
current jorc resource of 2.4Mt @ 2.6 g/t au for 203,000ozs au at the glenburgh project
resource upgrade due the second half of this month, described as ‘significant’ by gcy [see ann dated 22/10/10] – due to drilling further extending the orebody and the pog increase since initial estimate allowing for a lower au cut-off grade
as at sep qrtly 63,349,600 shares + oppies, approx $3.5M in the bank
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