This has been drilled more than Elton's arse. I have talked with some old fellas who worked there when it was last in operation.
How many rigs operating 24/7 meters drilled massive costs. Don't worry there is an absolute shit tonne of gold here all be it high grade but narrow vein. The average grade back then was around 18 gpt and has hardly scratched the surface.
This belt includes monster mines like Wiluna, Jundee, Mt Kieth,Cosmos everything in this area has huge deposits some 100+ years so don't think exploration here is even close to done . When it finally does start to pour gold they will be on the honey hole as the targets are very well defined . Been a long haul for holders but from the people I have talked to its a absolute Gold Mine.
News ??, page-45
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Last
$1.43 |
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0.045(3.25%) |
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