By Mark Gordon, Independent Investment Research
Recent work, including drilling, by Stonewall Resources Limited (“Stonewall” or “the Company”) at the 4.15Moz , high grade TGME Gold Project (“TGME” or “the Project”) located over the historic Sabie-Pilgrims Rest Goldfield in South Africa has highlighted the open cut potential of the field. This is supported by the recently completed initial high grade open-cut resources at the Vaalhoek prospect and the results of drilling and cyanide bottle roll metallurgical test work at Theta Hill and Vaalhoek – the metallurgical work has returned recoveries of ~90 % to 95% for potentially open pittable oxide mineralisation.
