The Company's intended exploration plan at Big Bear includes an induced polarization (IP) survey to try to locate the primary sulphide mineralization...
The current drilling targets shallow zones with high-grade oxide gold-silver potential, based on late 2024 drilling that uncovered bonanza-grade mineralization.
Gold stocks surged to a decisive secular breakout without the metal helping much, which is quite unusual. This is certainly fundamentally-sound, as gold-stock prices should be way higher with these lofty prevailing gold prices.
As a result, most rock samples had gold contents ranging from several tenths of a g/t up to 2.28 g/t, accompanied by strong trace element contents with As up to 7120 ppm...
The fundamentally-superior smaller gold miners are earning money hand-over-fist, yet their stock prices are still languishing. Thus a massive mean-reversion higher is overdue and inevitable.
