AUC 2.78% 3.5¢ ausgold limited

Ann: Ausgold raises 11.25M to advance the Katanning Gold Project, page-13

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    Ok another question. We already know there is plenty of gold there so what are the obstacles to getting some small scale mining up and running?

    Will the feasability studies look at getting mining happening as soon as possible to get some cashflow?

    And excuse my ignorance but what is involved in a feasability study? To me id look at the figures and say ok theres this much dirt here, with this much gold in it (area with most known gold) - thats feasible lets start there and make some cash.

    How long do feasability studies take to get to the stage where they say ok its feasible, we are going to start mining on this date?

    Not trying to rush anything or being impatient. Not whingeing. Just curious.
 
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