$5,000,000,000.00 - who can''t do the math: ?
For those who can't do the math: 72,000 tons of moly at $70,000 per ton = $5,000,000,000 a start - That resource estimate was made when vein was only 375feet in 1958!
It was confirmed in 2005 the vein goes to beyond 1,000 feet - Cheers
Its all on the Roxmark homepage -- and that's only a start -
roxmark.com
its lots more to Roxmark Gold & Moly -
Roxmark’s 12 properties total nearly 400 claims -
Nortoba-Tyson mines - its principal and material property, an important new high grade gold/molybdenum project -
The Nortoba-Tyson property has historical reserves of 72,000 tons grading 1.73% MoS2 (molybdenite) estimated in 1958 to a depth of 375 feet;
only to 375' - that's only the start - the rich ore is deeper and richer - further down -
however diamond drilling in 2005 extended - the strike length and encountered Moly - at a depth of more than 1,000 feet - and more Gold - still only the beginning - we mine to below 20000' today - its down to 25000 feet in SA - at 1000' you may get smell of it - but that's only the start -
Please view the 43-101 compliant report for the Nortoba-Tyson property for details -
In addition to Nortoba-Tyson, the Company holds six properties containing formerly producing gold mines which generated nearly two million ounces of production.
These other properties have been inactive during the previous 15 years and the Company is currently digitizing previous mine and exploration data from such properties with the aim of ranking/ prioritizing further exploration on such properties -
Based on the results of this study, Management of the Company intends to develop extensions and parallel structures to these proven gold mines and is also optimistic about the potential - for new gold discoveries at present - and greater depths -
you start to smell it now? - Canada's richest old Gold Mines - selling for peanuts - the share price is at a big shame - to the Canadian mining industry!!! Cheers
roxmark.com
Richest Gold and Moly Mines - selling for peanuts - cnq.ca |