WCN 4.35% 2.4¢ white cliff minerals limited

Conceptual hi-grade gold target 10-30 million tonnes, page-14

  1. 7,560 Posts.
    lightbulb Created with Sketch. 2053
    It's not that interesting. There's heaps of gold there and it's not gonna be much of a challenge to mine, but: Anyone who's ever tried to design a surface drilling program on an open pit mining operation knows how hard it is to build a drilling pad in between the pits, dumps, haul roads, etc. Any pit will tend to create a drilling shadow - an area that you can't drill because the pit's in the way. Building a pit on that topography could create all sorts of problems for the exploration effort.

    I just had a better look at a few pics of the project - the topo isn't that challenging. I worked at a mine called Hidden Valley in PNG that was much worse than that. It used to be a huge steep sided mountain but it's well on it's way to being a big hole. Then there's Grasberg:
 
watchlist Created with Sketch. Add WCN (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.001(4.35%)
Mkt cap ! $43.90M
Open High Low Value Volume
2.3¢ 2.5¢ 2.3¢ $95.72K 4.000M

Buyers (Bids)

No. Vol. Price($)
12 4644810 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 200000 1
View Market Depth
Last trade - 16.10pm 21/10/2024 (20 minute delay) ?
WCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.