Stalker is still considering heading off into the hills to go a-prospectin’. Recently the Canadian group that plans to spend £200 million mining for gold in Tyrone floated on the London Stock Exchange’s Alternative Investment Market, in order to line up funding for the project.
Dalradian Resources have rights to 84,000 hectares in the North, including the Curraghhinalt prospect in Tyrone, considered one of the world’s top undeveloped gold deposits.
A technical report forecasts it can produce 194,000 ounces of gold a year for the first five years, and an average of 149,000 ounces a year over the remainder of the 18 year life of the mining operation. Time to gather the shovels and pan, and get out to gather them thar nuggets that be in the hills.