Hmm,
I think the difference is that they have already found traces of Gold on their land.
-Ukyo
Traces? Do you believe they've found, to quote Prendergast (sic) "Kenilworth Exploration has already a single hit of 107/gt Au-Gold in our one diamond drill."
In gold mining standards that's almost pure gold!
(btw does anyone else find his kindy-level grammar, not just in the quote above but throughout all his writing, oddly incongruent with his wide range of academic qualifications?)
"According to the World Gold Council (WGC), larger and better quality underground mines contain around 8 to 10g/t, with marginal underground mines have averages of around 4 to 6g/t. Open pit mines usually have lower grades from 1g/t to 4g/t, but can be highly valuable despite the lower average grade."
source
http://goldinvestingnews.com/world-class-gold-depositsC'mon guys do some basic research! At least google g/t gold. Or maybe what comes first, drilling or survey?