Property centrally located in Nikopol mining district with road access and electrical power close-by. 282 drill holes for 93 km of core with 11,764 assays of ore zones Exploration shaft to a depth of 168.4 Gold zones are tabular near vertical veins hosted in altered mafic and felsic volcanics with interbedded iron formation Drilling of mineralization today concentrated on 100m by 150m grid to a depth of 450m Deepest intersection of zones at a depth of 700m Average grade of mineralization: 5.71 g/T Au P1 resource = 6.5 million tonnes with 1.3 million ounces P1 + P2 resource = 10.1 million tonnes with 1.8 million ounces P1+P2+P3 resource = 17.1 million tonnes with 3.1 million ounces
According to my knowledge it hasn't been completely confirmed, but some are saying that is what they have. Your best bet is for you to make your own decision whether or not to buy based on what you know. You can't always go to people for the answers and DD but sometimes you can. Look at what the company has put out already and you can draw your own conclusions... they did say they had 3.1 million ounces for one of their properties so 5 million with the other 2 is very feasible.
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