Ann: Drilling Highlights Gold Potential at Mt Gordon, page-8

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    From the 26/03 announcement: ‘ Supports the potential for a broader gold system. Regional structures in close proximity to significant gold intersections bodes well for a potentially structurally hosted gold system typical of the Yilgarn Craton.’
    Well the Yilgarn Craton host some of the world’s biggest gold deposits and include Northern Star, Saracen, Ramelius, Evolution, BGL, Spectrum(acquired by RMS) etc.
    We just need to hit the ground running and seek those extensions from the historical drilling of which almost all was done at very shallow depths. One common theme I got from today’s conference was that it’s much easier to locate a gold resource than it is for lithium. Gold pushing new highs and becoming a cash cow for WA producers.
    Yes should they have a significant resource on hand sealed roads would have to be built so that it can be processed at a Toll processing plant but many others have had the same and have moved forward at a time when prices were lower. Especially should prices stay high or even better than where they are now, significant cashflow could be generated.

 
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