"Prior to closure in 2002 due to depressed gold prices below $US320/oz, First Hit produced ~30koz ounces of gold at an average grade of ~7.7g/t gold.
It was only mined to around 220m deep, so uncovering visible gold specks at ~325m and ~327m in hole VDD013 and ~300m and ~303m respectively in hole VDD015 highlights the ore body’s potential to keep going"
from a report today in Stock head
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- Ann: VKA EXPLORATION UPDATE-VISIBLE GOLD SEEN BELOW MINE WORKINGS
Ann: VKA EXPLORATION UPDATE-VISIBLE GOLD SEEN BELOW MINE WORKINGS, page-9
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