I am super excited! Historically Karangahake has yielded 1 million oz of gold and 3 million oz of silver.
It currently has a JORC resource of 205,000 oz of gold at 6.9 g/t and 800,000 oz of silver at a grade 27 g/t.
The geological model shows the possibility of the mineralisation extending into the Rahu area albeit at greater depths.
A joint venture could unlock this potential.
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