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Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.

Main ForumCGA ASX CGX hook into another huge Copper-Gold project

  • Following my earlier post about CGA mining and their giant, producing, gold Masabate Gold Project CGA have now hooked a possibly even bigger fish the Philippinnes' King-king copper gold Project. The project is said to be one of the largest undeveloped copper-gold deposits in the world. 791.5 Mt at 0.815 g/t equivalent gold for 20.7M equivalent gold ounces (0.279% Cu for 4.9B lbs of Cu and 0.371 g/t Au for 9.4M ounces of contained Au) and a further 2.75M equivalent gold ounces in inferred resources (125.5Mt at 0.237% Cu lbs and 0.308 g/t Au). CGA will hold 27% of the project in partnership with Ratel (TSX : RTL).

    It appears that we may have another Copper-Gold giant on our horizon.

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