For all you long suffering BDG holders (like me:o) I think I have some good news for you all, up 23% ATM..
See below;
Bendigo Mining
Limited
ASX Release 15 November 2007
Spectacular assays from high grade
Gill Reef
The final assays have been received for the Gill reef from drilling completed on
three sections over a strike of 460 metres. Gill reef is one of five reefs
discovered on the Garden Gully line, close to current mine development. Best
assays include:
•0.9 metres at 4070 g/t gold
•6.2 metres at 57 g/t gold
•6.2 metres at 5.1 g/t gold
•1.3 metres at 55 g/t gold
Rod Hanson, Managing Director & CEO comment: “These exceptional assays
reinforce our high-grade visual estimate of Gill reef, with potential for some
bonanza zones with multi-ounce per tonne potential.
“Prior to these final assays we considered the reef to be around 10 g/t gold
(+/- 2 g/t). However, the calibre of these results indicate Gill to be at least a
10 – 15 g/t gold reef.
“I’m confident about the quality of Gill, however we need to take a
conservative step-by-step approach. We plan to complete some infill drilling in
January before commencing trial mining to be absolutely confident about Gill,
but so far the indicators are very good.”
See actual Ann for more, including the table the assays and grade range estimates for all intercepts.
heres a link to the whole thing www.asx.com.au/asx/statistics/...uncementPDF.do?idsID=00783332
With POG and lead up to Christmas, this couldn't have come at a better time.
See below;
Bendigo Mining
Limited
ASX Release 15 November 2007
Spectacular assays from high grade
Gill Reef
The final assays have been received for the Gill reef from drilling completed on
three sections over a strike of 460 metres. Gill reef is one of five reefs
discovered on the Garden Gully line, close to current mine development. Best
assays include:
•0.9 metres at 4070 g/t gold
•6.2 metres at 57 g/t gold
•6.2 metres at 5.1 g/t gold
•1.3 metres at 55 g/t gold
Rod Hanson, Managing Director & CEO comment: “These exceptional assays
reinforce our high-grade visual estimate of Gill reef, with potential for some
bonanza zones with multi-ounce per tonne potential.
“Prior to these final assays we considered the reef to be around 10 g/t gold
(+/- 2 g/t). However, the calibre of these results indicate Gill to be at least a
10 – 15 g/t gold reef.
“I’m confident about the quality of Gill, however we need to take a
conservative step-by-step approach. We plan to complete some infill drilling in
January before commencing trial mining to be absolutely confident about Gill,
but so far the indicators are very good.”
See actual Ann for more, including the table the assays and grade range estimates for all intercepts.
heres a link to the whole thing www.asx.com.au/asx/statistics/...uncementPDF.do?idsID=00783332
With POG and lead up to Christmas, this couldn't have come at a better time.
