Past year: ▼ 27%(1.36 – 2.97 USD)
Each one in plain English, with the numbers worked through for a shareholder.
25 Oct 2021drilling progress report▲ GoodMajor
The company announced it would double the Queensway drill program from 200,000m to 400,000m and grow from nine rigs to 14 by Q1 2022, lifting core output from about 3,000m to 4,700m a week. About 102,000m was drilled to date, and the expansion is funded from roughly C$103 million of working capital, rising to about C$150 million after the Sprott financing.
14 Oct 2021drilling result▲ GoodMajor
Eleven holes at the Keats zone on the Appleton Fault pushed the high-grade core 65 metres further down-plunge, to 530 metres, on 61.50 g/t gold over 5.20 metres in hole NFGC-21-360; up-dip holes returned 63.92 g/t over 3.25m and 17.59 g/t over 6.50m. Keats now measures roughly 250m wide by 490m along strike by 307m deep and is open in every direction.
