Ann: Crusader-Templar Updated MRE Expands to over 300,000oz Gold, page-86

Interesting to see the gold price sitting around 3% below the gold price used in the economic extraction test in this scoping study for 300,000 ounces (with more underneath). Price used in updated study AU$3950 and the price hit AU$3850 in the last day.

I took a look at the original version of the Wallbrook scoping study which included haulage costs of $25 per ton to reach the mills within 150km of Wallbrook.

Then I looked at the updated scoping study which says "$6.30/t haulage".

$25 / $6.3 = 4

150km / 4 = 37.5km

So the updated scoping study presumes they are driving the ore somewhere - any hints from the numbers?



Man - that Templar mining permit can't come soon enough?

How much per ounce will NST pay for ready to mine ounces and exploration target just down the road from Carosue Dam