Robust Scoping Study results and outstanding exploration results show why Gold Road (ASX: GOR) is one of the best emerging gold stocks
Robust Scoping Study results and outstanding exploration results show why Gold Road (ASX: GOR) is one of the best emerging gold stocks. The company yesterday advised of the release of positive Scoping Study results from its Gruyere project in Western Australia, which demonstrate robust project economics over a minimum 11-year mine life. The news follows on from last week's release of a mineralised intercept comprising a staggering 781 metres grading 1.29 g/t Au at Gruyere, which has extended mineralisation to 750 metres vertical depth. The latest results reinforce the tremendous scope of the Yamarna project, supporting our long-held view of a global gold resource in excess of 5 million ounces.
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).