Santana Minerals SMI - The next large Otago Macraes Gold Deposit ?

[nztx]

Nice.Glad I topped up yesterday at 75c

Ditto, me too

[tim23]

Ditto, me too

Maybe those executive options exercisable at 88c might be in the money a whole lot sooner.

[tim23]

Maybe those executive options exercisable at 88c might be in the money a whole lot sooner.

Those options in the $ a whole lot quicker- good price action today on decent volume.

[JBmurc]

these boys caught the tail of nice looking Gold resource I think will grow significantly>>>>>>going forward

[nztx]

3 million ounces - wasn't the latest upgrade ?

How much did MacRaes a mere 100 miles away do on tally up of their deposit resource ?

[percy]

A Bell Potter 2024 pick

Santana Minerals (SMI)
SMI’s principal asset is its 100%
owned Bendigo-Ophir Gold Project
(the Project) in the Otago Region
of New Zealand. Key points for the
Project include: i) SMI has delivered
extraordinary exploration success,
growing the Project’s Resource to
49Mt at 1.9g/t gold grade containing
3.09Moz of gold, since late 2020, at
a discovery cost of just A$3.50/oz, ii)
SMI will commence feasibility studies
and approvals processes targeting
mine development from ~FY27, iii)
the current Resource is contained
within just 4km of strike of 30km of
the prospective regional structural
mineralisation control, the Riseand-Shine Shear-Zone, and, iv) SMI
is exploring for further discoveries
and extensions to known deposits.
Near-term catalysts for SMI include
the release of an upgraded Mineral
Resource to enable Scoping Studies to
commence from early CY24.
Buy (Speculative), Valuation $1.45

[Sideshow Bob]

Change in personnel.....

https://www.odt.co.nz/regions/centra...ntana-minerals

Santana Minerals has appointed two new managers and farewelled its board chairman Richard Keevers, who finishes on December 22, and has been on the board since 2013.
The Australian stock exchange-listed company owns the Bendigo-Ophir Gold Project near Tarras.
Rod Redden, a former underground manager and open pit manager at Macraes gold mine, has been appointed as study manager, and will lead the technical studies Santana Minerals requires to advance the Bendigo Project.

Sam Smith, who most recently worked as chief executive for Breaker Resources, will be Santana Minerals investor relations and corporate services manager, taking over from Cameron Peacock, who has filled the investor relations role for several years.

[Daytr]

And who is the Chair? Peter Cook.
Nuff said. He doesn't back losers.

[tim23]

Some impressive volume with price to match - looking good.

[Sideshow Bob]

From the ODT this morning

https://www.odt.co.nz/regions/centra...nd-near-tarras (Subscriber only)