While waiting for the analysis of the grade from the dolerite from the deep hole , here's an interesting bit that I dug out from the article DazedandConfused shared :
The Table below is Mt. Charlotte's production from its quartz vein orebodies (Reward and Maritana) over a period of 50 years. Note that it averaged 90,000 oz / annum production over this period - a constant source of revenue over 50 years! No wonder it is a big deal if Boorara is similar.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
0
Period
Years
Gold Recovered (tonnes)
Gold Recovered (oz)
Production / Annum (oz)
Recovered Grade
1
1964-1978
15
36.39
1,169,966
77,998
4.28
2
1979-1989
11
37.661
1,210,829
110,075
3.89
3
1990-1994
5
20.458
657,740
131,548
2.75
4
1995-2001
7
27.163
873,311
124,759
2.63
5
2002-2013
12
18.5
594,789
49,566
3
6
TOTAL
50
140.172
4,506,635
90,133
3.5 (average)
MRP Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
