Hi Kiwibird Undergound adits cost around $4.5k-5k per metre to...

Hi Kiwibird

Undergound adits cost around $4.5k-5k per metre to complete.

The 20,000m infill fan drilling of the bonanza gold and jewellery boxes, feasibility study, bulk sampling and mine lease application will cost the $20-25million!

So if we look at the map below, the first high grade zone is the yellow WRZ South. Which is around 200metres from the adit entrance, so by my estimates it would cost approximately $900k -$1.3Million to get to the WRZ South High Grade Gold Zone, while the second Bonanza Gold Zone (green and purple) WRZ North is right is around 300-400metres from the entrance, which would cost approximately $1.4-1.8million to get to it.

Then the market will see the sparkly stuff in the walls of Mt Kare! Finally!



Cheers Nectar