Yes, that could be worthwhile since MTO already has a significant stake there. What is the latest on the rest of the Barry property? Has Murgor published any recent drill results? Their previous records show the following:
Resource:
The Barry Gold Deposit contains the following NI 43-101 gold resource within 50 metres of surface:
|
RESOURCE CLASSIFICATION
|
TONNAGE
|
GRADE (g/t)
|
CONTAINED GOLD (oz)
|
|
Indicated Resource
|
385,000 mt
|
4.23 g/t Au
|
52,300 oz.
|
|
Inferred Resource
|
966,000 mt
|
4.07 g/t Au
|
126,600 oz.
|
However, I don't know where exactly these numbers came from and how old they are. I would imagine that they are considerably older than the latest figures from Metanor for their part of the property. That could mean that the rest of the Barry United property also contains more gold than anticipated earlier.
I imagine that MTO executives are carefully going over all these issues.
