Value Microcaps Junior Miners

[dr_airtime]

GPM.V - down with zinc....

...zinc walked down from $1.07 to $1.01 today but it looks like uptrend is still intact and this is just regular correction also bringing GPM.V down with it.

I missed this but Aussie explorer Rox announced a huge find (world class 12.7% Zn + Pb grades & 52MT underground) on June 1, 2016. just miles from McArthur River - formerly the world's largest zinc open pit shut down in 2015. Catch is the mineralization averages 750m below surface. Market has caught on and share price has since retraced the gains on the announcement as they see a mine....but maybe in 10-20 years!

http://www.roxresources.com.au/wp-content/uploads/2016/06/RRL1460D-IM_Final.pdf

GPM.V hoping for mineralization at surface but note they are exploring in the "avenue of the zinc giants" near where Rox made this discovery.