CGT castlemaine goldfields limited
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extraordinary cash burn rate , page-5

  1. snowyjim
    269 Posts.
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    12/12/11
    16:02
    Post #: 9427513
    I'm no geologist but it seems to me that Ballarat is not a HGNV resource when I see that the successful drillings are mostly though several metres of quartz.

    For a HGNV deposit I'd expect high grades within quartz of about 200mm to maybe 600mm thickness

    correct me if I'm wrong
    CGT Price at posting: 9.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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