A Production Estimate for DGRI's "Jungo Property"
A typical junior mining operation running 24 hours can produce roughly 200 tons per day. With the current results for the Jungo Property of ~.2 opt of gold; that equates to 40 oz. of gold per day.
So let’s do the math,
40 oz/day x 365 days/year = 14600 oz/year
14600 oz/year x $1407/oz = $20,542,200/year in realized Gold!!!
Keep in mind, that these are conservative results, based on a small mining operation. A bigger operation and these results could grow exponentially. Factor in the rising market price of gold and you could have revenues in the 100’s of millions each year FROM JUST ONE PROPERTY!
Know what you have here folks. This opportunity doesn’t present itself every day. Once this company goes into production this stock should be well into the dollar range. Until then, let’s enjoy the ride toward those levels. Ignore the bashers and enjoy the days and news to come!
Go DGRI and GLTA!!!
"The Jungo property contains extensive exposures of brecciaed and silicified Paleozoic sedimentary rocks in contact with Tertiary volcanic rocks to the north and east. Surface samples from the property were anomalous in gold and silver, with several samples assaying better than 0.1 opt gold, and one sample greater than 0.6 opt."
