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Ann: Diamond Drilling at Ricciardo delivers high-grade gold, page-59

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  1. 323 Posts.
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    I imagine the plant would require a considerable upgrade ($$$) as it was designed to process gold bearing oxide ore. It's also been in mothballs for 5 years. In the short term, for me at least, the value lays in the proximity of the deposits to other (as AB hothers, more astute than I that post here, have stated) ore hungry, underutilised mills which would allow a quicker path to a cashflow (toll treating) or being gobbled up by a bigger entity. Everything is there though, permitted mining leases, haulage roads, camp etc. Either way, looks extremely positive. Think we are on a winner, regardless.
 
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