RXM 1.33% 7.4¢ rex minerals limited

Ann: Column Leach Test Results for Bells Project, page-2

  1. 619 Posts.
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    These guys have really hit the ground running with the Nevada Gold Project

    • Picked up the project in August last year (no resource)
    • Came out with Maiden resource within a month (830,000oz)
    • Drilled the project a month after that (it seems you can operate quickly in Nevada)
    • And now a resource upgrade at Bells - Higher grade, more tonnes, more ounces in a significant shallow deposit (936,000oz new resource – how many small juniors have close to 1moz of shallow gold?)
    • Further resource upgrade over the larger Krista area due this quarter
    • Scoping Study for a lower caper quicker start mine at the Bells Area also due this quarter
    • Fresh met testing today shows recoveries over 60% in 5 days, over 80% in 22 days

    hopefully we are on to something here

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