KCN 0.30% $1.65 kingsgate consolidated limited.

new gold discovery, page-15

  1. 29,737 Posts.
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    thanks for the input rb

    a very quick look at the intercpets and the grades, and withoug bothering to do a weighted average of the results, but watso would suggest that the overall grade would be in the order of about 2gm/tonne, which would be about the average of the chatree stuff.
    a 30 sq km anomaly, with some great hits with the very first round of drilling. this could be huge.

    how many targets had the earlier work indentified???? - watso cannot be bothered to check it out, but there were a lot.

    a bit hard to believe that the capital expenditure will only be $100m. that cannot be australian dollars, so it must be $us, but watso thought he previously saw some numbers which were in excess of us$100m.

    trucking costs should be about 15c per ton/km. A bit hard to think that an extra km, wou

    anyway, a look at the results, and it seems that out of 11 holes, for which assays have been received, there have only been two dud holes (that is the way that watso reads it)
 
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