Quote Originally Posted by steve fleming View Post
I managed to attend the EKM presentation at the RIU Resources Conference today.

EKM geniunely beleive that Yamarna will host Australia's next multi-million ounce gold field.

Results yesterday of bonanza grade gold values of up to 404g/t are pretty amazing - but it is a thin vein.

Still drilling Central Bore, but there are numerous other high grade anomalies (Hann and Byzantium in particular) that will be followed up in the coming months.

Golden Sands, the 1500sqm tenement 25kms north of Tropicana (IGO/Anglogold) hasn't even been touched yet.

EKMs market cap of $20m for a potential multi-million ounce gold discovery (ie multi billion dollar resource) sounds pretty good to me!
EKM story keeps on getting better and better....

from the update today...."Given the many soil targets similar to the
Central Bore surface expression it is possible that we have only intercepted a tip of one of the many “Ice
Bergs” that may exist in our Yamarna project. The combination of the continued high-grade results, the
strike length and depth extension, the gold recovery and gravity separation testworks, the maiden resource
determination and the high-level economic modelling we are undertaking, is pushing us rapidly along a
development decision path"