| ||Brent Cook - Editor "Exploration Insights"|
Top Picks - 8th March 2012
Watch Brent Cook on Business News Network
"Glass Earth is a New Zealand-focused gold exploration company with a $24-million market capitalization. They own 35% of the WKP project, which is being managed by Newmont Mining, the company that operates the nearby 10-million-ounce Martha Mine.
Recent drilling suggests they have discovered both high grade veins and lower grade bulk mineable mineralization.
At Muirs Reef, Glass Earth is drilling the upper portions of a gold system that should improve with depth based on my interpretation of the vein textures.
If they are able to turn their gold placer operations on the South Island profitable, they should be self-funded."