Materials Analyst/Strategist, Janus Analysis

Gaius King

Materials Analyst/Strategist

Accelerating Tomorrow’s Independent Research

Boost Research

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Equity Bottom-Up

<ul>
<li><a href="https://www.smartkarma.com/entities/5124" target="_blank" data-smartkarma-citation="entities:5124:1">Azumah Resources (AZM AU)</a> rated a Speculative BUY</li>
<li>
99.5m at 2.2g/t Au complements ‘discovery hole’ (75m above) - 93.1m at 2.3g/t Au</li>
<li>DDHs from current programme targeting down-dip from existing intercepts</li>
<li>Key drill results expected over next few weeks</li>
<li>1Moz Reserve, 2.5Moz Resource</li>
<li>US$1,77M NPV5%, 1.6yr payback.</li>
<li>US$886/oz AISC (all-in sustaining cost)</li>
<li>
<a href="https://www.smartkarma.com/entities/5124" target="_blank" data-smartkarma-citation="entities:5124:1">Azumah Resources (AZM AU)</a> , <a href="https://www.smartkarma.com/entities/18705" target="_blank" data-smartkarma-citation="entities:18705:1">Emmerson Resources (ERM AU)</a>, <a href="https://www.smartkarma.com/entities/1270" target="_blank" data-smartkarma-citation="entities:1270:1">Xanadu Mines (XAM AU)</a>, <a href="https://www.smartkarma.com/entities/20216" target="_blank" data-smartkarma-citation="entities:20216:1">Kingston Resources (KSN AU)</a>, <a href="https://www.smartkarma.com/entities/14492" target="_blank" data-smartkarma-citation="entities:14492:1">Oklo Resources (OKU AU)</a>, <a href="https://www.smartkarma.com/entities/5035" target="_blank" data-smartkarma-citation="entities:5035:1">Blackham Resources (BLK AU)</a>, <a href="https://www.smartkarma.com/entities/5749" target="_blank" data-smartkarma-citation="entities:5749:1">Dacian Gold Ltd (DCN AU)</a>, <a href="https://www.smartkarma.com/entities/6192" target="_blank" data-smartkarma-citation="entities:6192:1">De Grey Mining (DEG AU)</a>, <a href="https://www.smartkarma.com/entities/19060" target="_blank" data-smartkarma-citation="entities:19060">Austar Gold (AUL AU)</a>, <a href="https://www.smartkarma.com/entities/27949" target="_blank" data-smartkarma-citation="entities:27949">Strategic Minerals PLC (SML LN)</a>, <a href="https://www.smartkarma.com/entities/27950" target="_blank" data-smartkarma-citation="entities:27950">Asiamet Resources Ltd (ARS LN)</a>, <a href="https://www.smartkarma.com/entities/27951" target="_blank" data-smartkarma-citation="entities:27951">Landore Resources Ltd (LND LN)</a>
</li>
</ul>


Azumah Resources (AZM AU) rated a Speculative BUY

99.5m at 2.2g/t Au complements ‘discovery hole’ (75m above) - 93.1m at 2.3g/t Au
DDHs from current programme targeting down-dip from existing intercepts
Key drill results expected over next few weeks
1Moz Reserve, 2.5Moz Resource
US$1,77M NPV5%, 1.6yr payback.
US$886/oz AISC (all-in sustaining cost)

Azumah Resources (AZM AU) , Emmerson Resources (ERM AU), Xanadu Mines (XAM AU), Kingston Resources (KSN AU), Oklo Resources (OKU AU), Blackham Resources (BLK AU), Dacian Gold Ltd (DCN AU), De Grey Mining (DEG AU), Austar Gold (AUL AU), Strategic Minerals PLC (SML LN), Asiamet Resources Ltd (ARS LN), Landore Resources Ltd (LND LN)



New J. Hutton Exploration Report (Week Ending 22/02/19)

Australia

Kingston Resources Limited is a mineral exploration company. The Company owns a portfolio of significant gold and copper projects in the Gawler Craton of South Australia.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

New J. Hutton Exploration Report (Week Ending 22/02/19)

Azumah Resources (AZM AU) rated a Speculative BUY 99.5m at 2.2g/t Au complements ‘discovery hole’ (75m above) - 93.1m at 2.3g/t Au DDHs...

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