GBR 4.08% 4.7¢ great boulder resources limited

Ann: Trading Halt, page-40

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 487 Posts.
    lightbulb Created with Sketch. 832
    Mulga Bill doesn’t have much cover but it has very strong weathering which has dissolved the gold out of the top 80m and deposited it in a supergene enriched layer from 80m to 100m depth (and maybe deeper still as we will see whether this visible gold is supergene). Depending on grade, this is still shallow enough for an open cut. Grades over 2g/t should pay for the stripping, but we are hoping to get off chops ultra bonanza grades which will definitely pay for the stripping of 80m of overburden.

    I don’t think underground mining is the best option because the best grade is at to the base of weathering where underground mining is difficult due to poor ground conditions.

 
watchlist Created with Sketch. Add GBR (ASX) to my watchlist
(20min delay)
Last
4.7¢
Change
-0.002(4.08%)
Mkt cap ! $28.64M
Open High Low Value Volume
4.8¢ 5.0¢ 4.7¢ $105.4K 2.200M

Buyers (Bids)

No. Vol. Price($)
1 14765 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 200000 1
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
GBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.