$29,469,000,000 of Gold at current AUD prices.
I think this could be taken like CDV was.
https://www.citigold.com/news/11-million-ounce-deposit/"
Citigold’s gold deposit is currently the largest and highest grade in Australia.
11 million ounces of gold (342 tonnes) Inferred Mineral Resource* – JORC compliant.
Mineralisation is 25 million tonnes at 14 grams of gold per tonne.
Size of the deposit determined after an extensive period of evaluation by the company’s experienced technical team led by eminent consultant geologist Mr Christopher Towsey, in accordance with the Australasian JORC Reporting Code. The report was published in 2012.
Contained within Citigold’s continuous mineral tenements located at Charters Towers, North Queensland, Australia.
Gold grade estimates are based on 1,550 significant drilling samples.
Drilling samples at the time, only go to a depth of 1,200 metres, so the entire 11 million ounce resource is above that, with the deposit open below that depth.
Independent research indicates that the gold under Charters Towers may continue down to 3,000 metres deep. So the huge area below the drill holes has great potential.
In 2008 Citigold, with the financial support of the Queensland Governments Department of Mines and Energy, drilled a very deep 2,000 meter diamond core hole and successfully intersected several reef structures. The deepest intersection was close to 2,000 metres; therefore proving the structures containing the gold mineralisation extend to that depth."
