The Golden Eagle IPO process is now in full swing with the Prospectus due for lodging before the end of the month.
Golden Eagle has the 150,000oz Gecko gold deposit near the Bullabulling formally announced gold resource, about 40km north-west of Coolgardie (about 80km west of Kalgoorlie).
Golden Eagle expects to be able to recover 80,000oz at a cash cost of about A$1,000 per ounce over an eighteen month period commencing all in 2017.
The project should generate well over $40mil for Golden Eagle. Golden Eagle’s tenements surround the Bullabulling Gold Deposit and it’s drilling to date has identified encouraging mineralisation along strike of Bullabulling to the North, and also to the south of Bullabulling.
Golden Eagle will deliver a presentation at MPS on Monday at 4.30 pm, prior to the Blackham presentation.
Come along to discuss the great company over a glass of wine.
Monday, 26 September 2016
Level 6, 9 Barrack Street
Sydney NSW 2000