AUC 8.00% 2.7¢ ausgold limited

Well, we know that Opotiki Pty Ltd and the others mentioned in...

  1. 10,752 Posts.
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    Well, we know that Opotiki Pty Ltd and the others mentioned in the Respondents box above are not related to the settlements due in June. I would say these Respondents are related to the properties who are reluctant to sell or need additional persuading!

    As per the 14/09/23 ASX Release: "The two properties cover a combined area of 1,026 hectares. One property, located within Mining Lease 70/488,
    covers an area of 94 hectares and encompasses the southern extent of the Central Zone Resource (the Jinkas, Jinkas South and Jackson deposits) – an area which will be a primary source of ore in the first 18 months of production at the KGP. The vendor of this property is Mr John Smith."

    "The second property, located within Exploration Licences 70/2928 and 70/3952, covers an area of 932 hectares and it is proposed that key mine infrastructure will be located on a part of this property. The vendor of this property is Wallacup Holdings Pty Ltd. Ausgold will shortly proceed to lodge applications to convert the exploration tenure over the property to Mining Leases."



    Last edited by coto: 29/04/24
 
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