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The Pick: Using The Gold Road Playbook, And Winning.pdf

The_Pick_Matador.pdf
Preview of The Pick: Using the Gold Road playbook, and winning
🔗 Source: mcusercontent.com
📊 Size: 448 KB
📄 Pages: 1 page
⬇️ Downloads: 65

Summary

M22) is exploring the Cape Ray Gold Project in Newfoundland, Canada, with 837,000 ounces of gold close to surface at 2g/t. The company has a three-stage exploration strategy, starting with helimag and mobile 'winkie rigs' to identify targets, followed by a 45,000 meter diamond drill program. Recent results include 19 meters at 4 g/t from 9 meters below surface. The company aims to define 1.5 million ounces to underpin a minimum 100,000 ounce a year project with at least a 10-year mine-life, but sees potential for Cape Ray to become bigger. With a market cap of around A$80 million and A$22 million of cash, Matador Mining offers investors a cheap exposure to a highly promising project.

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Description

M22) is exploring the Cape Ray Gold Project in Newfoundland, Canada, with 837,000 ounces of gold close to surface at 2g/t.

Technical Information

  • File Format: PDF
  • File Size: 448 KB
  • Pages: 1
  • Language: EN
  • Total Downloads: 65
  • Last Updated: 1 month ago

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