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Message: NEWS - Ontex Resources Engages Scott Wilson Roscoe Postle Associates to Evaluate the Brookbank Gold Deposit

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Re: NEWS - Ontex Resources Engages Scott Wilson Roscoe Postle Associates to Evaluate the Brookbank Gold Deposit

in response to NEWS - Ontex Resources Engages Scott Wilson Roscoe Postle Associates to Evaluate the Brookbank Gold Deposit by AGORACOM

posted on May 14, 08 07:41PM

A "preliminary economic assessment” (PEA) is an integral part of a bankable feasibility study leading to production . A PEA will follow the resource estimate (43-101) of the Brookbank Gold Deposit. A PEA technical study provides; results of a base case for a deposit; a project payback period relative to capital cost estimate; an internal % rate of return; and a net present value (NPV).

However, 2 drills - a start - not enough. Ontex should have more drills for reason of its huge land bank and significant gold deposit with extraordinary potential.

Our neighbour “KXL” has 6 drills working to enhance intrinsic value.

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