GGG Resources - lots of ounces
September 16th, 2011 — commoditywatch
Dominic Frisby talks to Jeff Malaihaillo and Paul McGroary of GGG Resources.
GGG (AIM:GGG; ASX: GGB) is developing the Bullabulling Project in Western Australia together with Auzex Resources. The two companies are in the process of merging.
The Bullabulling Project is a past-producing, low grade, bulk tonnage, open pit mine. It has about 2.6 million ounces of inferred resource and is currently being heavily drilled. Higher grades are being encountered at depth and a high percentage of holes are encountering mineralization. GGG is currently in a strong cash position.
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