KAU 0.00% 16.5¢ kaiser reef limited

40km Deep Surveys in the Alps.

  1. 518 Posts.
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    Brad Valiukas : 'I am pleased to be joining the board of Kaiser-this is an exciting time at the A1.'

    Well, of course it is Brad, who wouldn't be excited about joining a gold mining company that
    poured their 100th gold bar on the 23/11/2022 [ 12 months after acquiring Centennial] and
    after extensive re-furnishments are about to test the -'deeps' [Where most of the gold still sits
    in the Swan] in some of the highest grade gold deposits in the world?

    1880 Report [Abb]

    The A1 was very rich when first discovered in 1861 by a surface quartz outcrop. After the surface
    had been worked it was allowed to remain idle. In later years-'tributers'-miners who are paid a
    certain portion of the ore- took over and did splendidly. The company does well out of the tribute
    party as they follow the 'concentration' of quartz veins as the dip north. [ Hold that Thought]

    1902 Report [Abb]

    At the A1 the old hands noted: ' All the gold veins dipped north on a north/south Fault Line and
    someday a strong company will take this mine in hand and develop the 'lower floors of quartz'
    and make the mine the most profitable in the ranges' Who knew?

    ****

    The Selwyn Block. [ Rex Motton, One of Founders of Fosterville/Great Pacific Gold ]

    'Victoria has hardly scratched the surface when it comes to exploring these newly identified
    High-Grade underground zones. There has been a lot of exploration done at Ballarat /Bendigo
    as they are very big gold fields. But when you look in a regional sense there are very few 'deep'
    drill holes. To appreciate fully the scale of opportunity here, its important to have a basic grasp
    of the regional rock formations.

    All Victorian gold mines sit on top of a Deep Seated Mineral System called the Selwyn Block.
    This is a recently recognized continental layer of mineralized rock that runs all the way from
    Tassy into central Victoria. The Selwyn block is mostly buried deep beneath the earths crust,
    covered by layers of younger rocks from Selwyn's margins to the surface. [No faults no Gold]

    These faults are -well within reach- of modern miners. Enormous amounts of gold have been
    found in areas -surrounding these faults- but the focus has been nearer the surface. The low
    hanging fruit that was easy to dig up and no one thought to -dig deeper.

    ****

    The Victorian Reflection Surveys can now record Rock Structures and Faults down to 40 km +
    These huge faults have been a mystery for 50 years. Studies done since 2018 in the Australian
    Alps have shown that once the surface Geology is understood its easier to -extend-that knowledge
    down- using seismic data. These huge faults have been subject to endless cycles of fluid pressure
    from the 15/20km zone, with episodes of rich gold fluids discharging through the faults and up
    to the surface.

    Modern Geology will undoubtedly play an important role in Kaisers future discoveries as these deep
    underground surveys have been meticulously planned in the best bed rock exposure that will give
    the best results. And Jupiter's 2000g/t -6.5 oz- intercept will no longer be a 'stretch', but a blue-
    print for future discoveries.

    ****

    Worth noting:

    The ongoing march by the Canadians who 'Cherry Picked' -5- [five] leases in the Walhalla gold belt,
    and -1- in Bendigo, will soon become a focus -as their recent drill hit of 5 m/166.35 g/t au at Lauriston
    immediately south of Fosterville is remarkably similar to Kirkland Lakes 'early' discovery of 7m/159g/t

    Rex Motton Commented.. 'We are now ready to -"unleash"- [love this bloke] the drills on our Victorian
    leases in 2024.'

    ****

    On another tack:

    In an uncertain world there is one trend that is undeniable-central banks- are 'stacking gold' at record
    levels and using every trick in the book to suppress the gold price. At some point-2025/26 when China
    reveals its -"true" gold hoard, the Shanghai gold exchange is going to be a global casino-inflation will
    be endemic and the 'Aftermath' will be a bull market that defines what "off the charts" really means.

    All paper currencies are essentially a -confidence trick- so selling rapidly depreciating Australian dollars
    and buying [again] producing gold juniors is a bet worth taking. History shows [ three times] that the real
    action is yet to come.


    ****

    Learn from the mistakes of others, you will never live long enough to make them all yourself.

    Go well,
    Hm
 
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