4 Small-cap Gold Miners – Gold Road Resources, Silver Lake Resources, Perseus Mining and Dacian Gold
High‐grade bedrock mineralisation at Ibanez: Recently, Gold Road Resources Ltd (ASX: GOR) has announced bedrock drilling results from its follow‐up diamond drilling at the Ibanez prospect within the Pacific Dunes‐Corkwood Camp. Diamond drill hole 17CWDD0015 returned an intersection of 8.20 metres at 11.63 g/t Au from 229.67 metres including 3.33 metres at 27.48 g/t Au from 232.66 metres, 20 metres to the north‐west of RC hole 17CWRC0037 (10 metres at 28.67 g/t Au from 240 metres, including 2 metres at 136.57 g/t Au from 240 metres). The hole successfully confirmed the width and grade of high‐grade mineralisation intersected in the Reverse Circulation drilling. The Ibanez prospect, located on the 100% owned Gold Road North Yamarna tenements, is hosted within the Yamarna Greenstone Belt, approximately 65 kilometres north of the Attila – Alaric Trend. Importantly, the prospect was identified as the highest priority target for bedrock drill testing by the company during its annual exploration targeting and ranking exercise while it continues to deliver significant result. The group has also increased its Attila and Alaric Mineral Resources by 55% while Gruyere project has secured production pathway. Though the group faces challenges from gold price volatility, GOR stock has rallied over 21.9% in the last six months while it is up 12.1% in the past one year (as of September 20, 2017).
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.