AUC has near surface 3m. ounces Au at Katanning, W.A.. A DFS is due any day. Highly manipulated sp for months. Even more so this week after latest announcement. Could be an entity jockeying for a t/o ???
Best to read this news item to get a feel : A leveraged 3Moz gold play in Australia: AusGold has what the market wants. Strong parallels are being drawn with Capricorn’s Karlawinda project. written by : Kristie Batten
Katanning is the largest undeveloped open cut free-milling gold project in WA and one of only a handful of gold development projects of scale in Australia.Ausgold is currently putting the finishing touches on a definitive feasibility study for Katanning, 275km southeast of Perth.
