Auroch Minerals’ Manica Gold Project hosts a significant JORC Resource of 48.9Mt @ 1.79g/t Au for 2.82Moz. The company now has put in place a clear 3 stage strategy which envisages mining the non-refractory component of the ore body first, providing the framework and cash flow necessary to advance the larger and potentially more lucrative refractory project. A DFS is underway with the company targeting first production as early as Q4 2015. Recommendation: Speculative BUY Download the report for more information…
Auroch Minerals Ltd - March Update 2014
Company
- Auroch Minerals LtdASX: AOU