I assume most people have heard of Capricorn Metals and the Karalwinda Gold Project. Interestingly, this is a low-grade open pit that Capricorn mine very successful. At 0.8 g/t, it's potentially even lower grade than Woulo Woulo:
They generate excellent cashflow from this open pit, proving that broad, low-grade orebodies can be excellent cashflow generators provided large enough tonnages are sent to the mill. Not a perfect comparison to what Woulo Woulo could become, but close enough.
Ann: First Drilling at Woulo Woulo Delivers 105m @ 1.61g/t Gold, page-20
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