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In the news: Burey Gold, Base Resources & Peninsula Energy

In the news: Burey Gold, Base Resources & Peninsula Energy

We are marketing Klaus Eckhof, Burey Gold’s†† Chairman, in London today and tomorrow. Interest is high given that the company announced some quite stunning results from its first assays at Douze Match, part of its 55%-owned Giro Gold Project in the north-eastern DRC. Jim Taylor and Imogen Whiteside covered this in a piece we put out last week: Burey Gold — Stellar Assays from Douze Match, 24 June 2016.
The first assays from Douze Match included 15m at 256 g/t, an extraordinary result. This comes from just the first ten RC holes drilled and the results also included extremely high grades that attest to the real potential Giro offers. We expect this to generate significant interest.
Also hoving into view on our marketing radar is Tim Carstens of Base Resources*†. We’ll have him in London on Tuesday 12 July till Friday 15 July. This will follow preliminary 4QFY16 results, and — again — interest will be high given the company’s hugely impressive share price performance YTD. Get back to us soon!
Finally a reminder that Jim and Imogen also put out Peninsula Energy†† — Valuation and Lance Timeline Update, 23 June 2016, last week. They updated their valuation to reflect the revised ramp-up timeline at Lance, the recent Stage 2 funding arrangements and our revised LT uranium price deck. They reiterated their Buy rating, with a revised target price of A$0.95.

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