Proactive Gold Webinar attracts positive investor response

Proactive Gold Webinar attracts positive investor response

Proactive Investors

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Earlier this week Proactive held a Gold Webinar which saw four ASX-listed gold companies – Latitude Consolidated (ASX:LCD), Great Boulder Resources (ASX:GBR), Maximus Resources (ASX:MXR) and Platina Resources (ASX:PGM) - present on upcoming plans for 2021. The webinar, which included three 12-minute presentations followed by a 5-minute Q&A session was live-streamed and can be viewed at any time.  To watch the full webinar, follow this link.  Latitude Consolidation advancing Latitude Consolidated’s chief executive officer Tim Davidson highlighted the company’s humble development since February 2021, when the junior gold explorer acquired the Murchison Gold Project from Silver Lake at $10 per resource ounce ($8 million). The acquisition included the Andy Well and Gnaweeda Gold projects, which have a combined 343 square kilometre landholding in the Murchison Gold Fields in Western Australia. He said: “The project is underpinned by a large, high-grade and high-confidence 1.1 million resource – we think that’s a fantastic starting point for us, but certainly a lot left to be found.” Along with the project, LCD also acquired a large geological dataset – worth more than $30 million and comprising 786,500 metres of drill hole, aeromagnetic, sub-audio magnetics and gravity data. “This was a fantastic addition to drive the project forward from a geological targeting perspective.” With $9 million in the bank as at the end of June 2021, Davidson said the company remains well-funded to execute on its exploration plans and mining study work. To view this presentation, follow this link. Great Boulder targeting growth Second in line, Great Boulder’s managing director Andrew Paterson addressed investors on its gold projects, in particular, Side Well and Whiteheads, which he believes, are poised for “outstanding growth through exploration”. The company’s Whitehead Project, surrounded by the likes of Norton Gold Fields, Northern Star and neighbouring Estrella Resources’ T5 nickel sulphide discovery at Carr Boyd, includes a landholding of 450 square kilometres with more than 25 kilometres of prospective strike. Paterson said Great Boulder’s focus had been on finding new targets and making new discoveries, which led the company to the Arsenal Trend – a surface gold anomaly, more than 5 kilometres long at 10ppb including the Gunners and Blue Poles prospects. At the company’s Sidewell Gold Project in the richly endowed Murchison goldfields, Great Boulder has drilled more than 110 aircore holes and 40 RC holes, with results including bonanza grades of up to 3 metres at 34.5 g/t from 32 metres and 6 metres at 31.25 g/t from 130 metres. Paterson said: “31 grams per tonne is a very high grade and a lot of mines around Australia are operating at 1 to 2 grams per tonne, so this is super high-grade and that is an absolutely fantastic result.” To view this presentation, follow this link. Maximus on hunt for next Wattle Dam  Next up, Maximus Resources managing director Tim Withers kicked off the presentation by emphasising the reasons why investors should think about MXR as a potential asset. The company’s Wattle Dam Mine is 25 kilometres from Kambalda in the heart of Western Australia eastern Goldfields region, within 50 kilometres of seven gold processing plants and 25 kilometres from BHP’s nickel concentrator. Work is underway to evaluate a mineral resource estimate with assays pending from resource drilling completed in June. Mined until 2012, Wattle Dam was one of Australia’s highest-grade gold mines producing around 286,000 ounces at 10.1 g/t gold. Maximus is developing several small high-grade operations across the tenement portfolio, whilst actively exploring for the next Wattle Dam. To watch this presentation, click here.  Platina Resources outlines new strategy  To conclude the webinar, Platina Resources’ managing director Corey Nolan highlighted what makes the company unique. The company controls a portfolio of precious, specialty and base metal projects including the 1 million gold ounce deposits at Xanadu in Western Australia’s Ashburton Basin as well as Challa in the Yilgarn Craton. Nelson said Platina’s strategy has been evolving over the last 12 to 18 months with the company focusing primarily on gold exploration in Australia. He said: “The reason we are pursuing this gold strategy is because we believe that real value can be generated through discovery, building a resource base and going through feasibility.” To view this presentation, follow this link. 

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