One point of difference between the DEG and ARV / Novo Wits 2.0 gold finds is the setting in which the conglom has been found.
DEG's conglom has essentially been found ABOVE the surrounding terrain, in the slope of a modest hill. It would appear the conglom runs through the hill and we can visualise the amount of basalt that will need to be lopped off to access the conglom.
ARV / Novo' conglom (correct me if I'm wrong here) seems to start at or near surface, then dip to deeper levels. There is talk of underground mining for where it is eventually inaccessable by open cut means.
Size and grade, of course, are the paramount considerations, but, geez, DEG's ground looks a helluva lot easier to exploit over the medium to longer term.
Ann: New Conglomerate & Gold Nugget Discoveries, page-89
-
- There are more pages in this discussion • 120 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.33 |
Change
-0.060(4.32%) |
Mkt cap ! $3.187B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.37 | $1.33 | $7.825M | 5.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 106868 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 9711 | 1 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |