Pretty much the standard MO for junior Goldie's in Australia
The Capex and Opex required to extract 'deep' or even shallow, hard-rock gold, means that it's only viable for the biggest players nowadays.
In the meantime, it's drill, drill, drill some more..
Feed the punters a bit of positive, 1m @ 20gms/t spin occasionally and CR as required.
Rinse & repeat..
Ann: Successful $5M Placement, page-17
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