Issue link: http://resourceworld.uberflip.com/i/1174544
O C T O B E R / N O V E M B E R 2 0 1 9 www.resourceworld.com 27 INVESTMENT the Parallel and Block 93 veins commences. The secondary access will also provide Winston Gold with the opportunity to drill test the northeastern extension of the Parallel vein as well as test for any addi- tional unknown vein systems in this area. Winston holds an active Exploration License that allows for exploration drill- ing, mine dewatering and development as well as a 10,000-ton bulk sample for metallurgical testing. This can be easily upgraded to a Small Miners Permit which allows for mining provided no more than 5 acres of surface area is disturbed. Ultimately the goal will be to reach the deeper and untouched levels of the gold- rich Custer vein. The Custer was developed to the 600 level, but the last known stop- ing was on the 500 level. Recently, Joseph Carrabba took on the role of Executive Chairman of Winston Gold. This, in our opinion, is another sig- nificant endorsement of the potential of this project. Carrabba has over 42 years of management and operational experience in the resource industry. He has stated that he believes in the potential of the high- grade Winston gold project and intends to work towards transforming that potential into reality. Having formerly served as President and Chief Operating Officer of Cliffs Natural Resources Inc., President and Chief Operating Officer of Diavik Diamond Mines, Inc. and General Manager of Weipa Bauxite Operation of Comalco Aluminum, we believe Carrabba's opinion carries some weight. He has put his money where his mouth is and currently owns about 25% of the fully diluted shares of Winston Gold Corp. n Stew Vorberg and Doug Wood are Investment Advisors with Mackie Research Capital Corporation (MRCC). This article was pre- pared, in part, under contract by Thomas Schuster. The opinions, estimates and pro- jections herein are those of the authors and may not reflect that of MRCC. The informa- tion and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or war- ranty, expressed or implied, is made as to their accuracy or completeness. The issuer(s) men- tioned in this article may not be suitable for all investors. Please consult an investment pro- fessional for advice regarding your particular circumstance. Neither the author nor MRCC accepts liability whatsoever for any loss aris- ing from any use of this article or its contents. Information may be available to MRCC which is not reflected herein. This article is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. The informa- tion contained in this article is not intended to constitute a research report. Stew Vorberg and Doug Wood are beneficial owners of the com- pany highlighted in this article. GOLD FACTS • Three Olympic swimming pools can hold all the gold ever mined in the world. • The world's oceans contain nearly 20 million tonnes of gold. • The world's largest gold bar weighs 250 kg (551 lb).