.....a mere snippet.
(Like I said, I am out now and happy with my gain. But am looking to see if I cannot stay in the GQC game in the future. I find this interesting and hope the punters here agree.)
This morning, GoldQuest released the results of nine additional step-out holes at the Romero discovery in the Dominican Republic. The press release was headlined by hole LTP-120 returning 57m grading 2.16 g/t Au and 0.85% Cu (3.3 g/t AuEq, based on Dundee's long-term estimates of $1425/oz Au and $2.75/lb Cu), part of a broader intercept of 237m grading 1.24 g/t AuEq. In total, we consider three of the nine holes to contain significant intervals with grades and thicknesses that exceed our 100 g·m/t threshold indicative of superior potential.
· Three of nine holes return significant mineralization.
· Results continue to support our model that Romero hosts 1.2 to 3M oz Au.
· Insight into geology to be gleaned from deep IP survey and industry expert.