Bonanza Results from Near Term Gold Producing Deflector
Perth, May 22, 2012 AEST (ABN Newswire) - Mutiny Gold Limited (
ASX:MYG) is pleased to provide the presentation from Symposium Broken Hill regarding the Bonanza Results from Near Term Gold Producing Deflector.
Company Direction
Vision
- Mutiny Gold Ltd's objective is to be a profitable, mid tier gold - copper producer with a pipeline of mine projects
Strategy
- Mutiny's immediate focus is its flagship Deflector Deposit where it is currently completing a Definitive Feasibility Study
- Mutiny expects to also enjoy strong growth from the exploration and exploitation of its vast and highly prospective Gullewa gold - copper tenements
- Mutiny has a multi mine strategy including a strategic alliance with Cobra Mining Ltd to bring its White Well Gold Deposit near Cue rapidly into production
- Positive news including resource upgrade, improved recoveries from oxide and transitional ore and the move to 100% project ownership
- Latest drill results extend mineralisation with wide, high grade, gold intersections to the north of its Deflector Deposit
Accomplishments to date:
- From a base of $3m in June 2010, we have grown to over $40m in over 18 months
- Entered into agreement to acquire Gullewa Gold Project (containing Deflector) in June 2010
- Extended knowledge of resource including drilling success
- Dramatically improved the recovery of Gold, Silver and Copper
- Completed Deflector Gold/ Copper Scoping Study showing high grade, low cost, high profit project
- Resolved all known technical issues of processing ore including completing flow sheets and engineering studies
- Completed Acquisition of Gullewa Gold Project
- Final Feasibility study for Deflector, nearing completion
To view the complete Mutiny Gold Presentation, please refer to the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-MYG-590688.pdf
Contact
Mutiny Gold Limited
T: +61-8-9368-2722
F: +61-8-9367-9043
WWW: www.mutinygold.com.au
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