AUC 2.04% 50.0¢ ausgold limited

Ann: Placement to accelerate drilling at Katanning, page-10

  1. 4,766 Posts.
    lightbulb Created with Sketch. 1022
    Conceptual upside IMHO is 10-20 cent range (or more based on drilling data and run up in the gold price) I also bought multi-millions at 1.6 cents. Upgraded drill programs can now be fast tracked, target sizes are massive. Has DEG potential without the downside (isolated refractory ore). We are very very close to infrastructure, services, roads, workforce and ALREADY have a completed Scoping Study that is highly economic.
 
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