Niche Capital Kelantan gold mine forecast to yield attractive returns

Gold concentrate.

LITTLE-KNOWN Niche Capital Emas Holdings Bhd recently made a filing on Bursa Malaysia which went largely unnoticed. But here’s an interesting nugget of information from that filing – pun intended. An independent assessment of a small part of the land Niche Capital is mining in Kelantan has an estimated 17,100 ounces of gold in it.

That figure translates to close to RM150mil in today’s gold price.