AUC 5.26% 54.0¢ ausgold limited

AUC Target 12c - Strategic Target 18c, page-37

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    • Looks like their plan now is to hopefully define and incorporate the rifle range deposit into their PFS moving forward going by the works that would predicated this.
    • Additionally any resource extensions to be incorporated in PFS
    • No target date for commencement of PFS, however, currently undertaking legwork prior to PFS
    • Awaiting ann on recent met testwork done. Hopefully enough to develop an updated flowsheet for processing option
    • Matt is confident we currently have enough for a big enough resource for 100Koz p.a operations (assuming it's enough for 7 years). That is a big uplift from the scoping study.
    • Assume their program hasn't changed. Big few months ahead.
    • Almost time to kick KGP into the next phase of development!

    https://hotcopper.com.au/data/attachments/3238/3238496-2507aa273c64a613f318c0c5d48195bb.jpg
 
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