How can anyone call 2,250 tonnes of "concentrate", which holds 98 ounces gold a concentrate? That is 3,048 grams of gold from 2,250 tonnes of "concentrate" equating to 1.35g/t Au. That is not a concentrate, the old sand tailings located through Victoria are generally a higher grade than that. To suggest reviewing other ways to process the material possibly offsite. At that grade it would be lucky to cover transport to the nearest gold processing facility.
AUL Price at posting:
26.5¢ Sentiment: None Disclosure: Held