Unfortunately, the branch is too good an analogy: THX has demonstrated there is plenty of gold in their drilling. Most of it is confined to a structural corridor; all of it is certainly associated with that corridor.
In cross-section, however, precious little of it is cohesive enough to be economically mined. There is little doubt, at this early stage, that most of that will need to be accessed by u/g mining, for which high grades are required.
There are lots of branches around, its the trunk we need.
Ann: Third Quarter Activity & Cashflow Report, page-17
Add OAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $66.20M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $50.25K | 5.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7092429 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1597016 | 3 |
View Market Depth
| Last trade - 14.08pm 15/11/2024 (20 minute delay) ? |
| OAU (ASX) Chart |