AUC 5.88% 3.6¢ ausgold limited

Ann: New RC Drilling at KGP expands resource potential, page-21

  1. 2,345 Posts.
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    To Provide some more clarity on my post above.

    Firstly, look at the the older schematic design of the Optimized Pits, the main pit was focused around the Jinkas Central Zone, based on on Optimized Pit Shell of $1900.

    https://hotcopper.com.au/data/attachments/2545/2545897-0b5879a1d56619dca8df92b6195a5f12.jpg

    Now, Look at how the mineralization has developed. HINT: Look at how much more PURPLE colour there is now. The Jinkas South Portion of the Deposit has evolved and the revised pit design should heavily incorporate this portion of the deposit into the new strategy moving forward.

    Also, the pit shell is likely to increase to at least $2,200!

    https://hotcopper.com.au/data/attachments/2545/2545908-a8e0532b5f896cbf3e42c0918e142b6d.jpg


    Last edited by Corgi: 09/10/20
 
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