KCN 2.82% $1.82 kingsgate consolidated limited.

Ann: High Grade Gold Intercepts at Chatree - Updated Table 1, page-7

  1. 5,725 Posts.
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    This is a satellite image from last year:
    https://hotcopper.com.au/data/attachments/5872/5872816-419bae7fc7423b2292692a80d7fc239f.jpg

    This is the image from the announcement.
    https://hotcopper.com.au/data/attachments/5872/5872818-a324a40928b12c22e43e134d94b73b6a.jpg


    The water level looks to be identical, so I think the water level is outdated, as they mentioned pumping from A North back in August. The water level should be down by now - no update given? It appears they've done some visual editing to show pit levels/benches, and the levels below the water line.

    https://hotcopper.com.au/data/attachments/5872/5872821-6127652fcc93536b65766052dcb073bf.jpg


    If LG is feeling frisky, he can jump this back fence next to A North and take a photo for us (or send up a drone - Thailand having some drone restrictions though). If they're mining Quartz (in the day time), expect security to be called.

    https://hotcopper.com.au/data/attachments/5872/5872823-bda56601ae78b6e64ce1d176d871e573.jpg

    20m through this stuff, then begins a 50 meter vertical drop into the pit. You'll be right above the pump.
    https://hotcopper.com.au/data/attachments/5872/5872832-5c00378fae39ea0ae532715c54ad85a3.jpg
    https://hotcopper.com.au/data/attachments/5872/5872834-fd117d7efba85fef85cc2aa0e09f73e2.jpg




    There's a public view into this pit from the road, but it's A North and A Main that we're interested in, not this one.
    https://hotcopper.com.au/data/attachments/5872/5872824-f77a703bfe84cf7890cd536024bdfbb3.jpg
    https://hotcopper.com.au/data/attachments/5872/5872837-a4ffa69680ec1b39a148a675ae18bca9.jpg

    And public views of the haul trucks:

    https://hotcopper.com.au/data/attachments/5872/5872838-6dcc09bb3027e7c8b11648fddfcb7968.jpg



    But seeing the grade control drilling update, it looks like there's a fair bit of mining that can be done at surface in Quartz, before definitely having to merge with a de-watered A North.

    According to that August article, without dewatering they could do 6 months mining before having water level issues. But if they've been dewatering since then (if not being delayed by the community water use agreement), then the 6 months would have changed to 12 and soon 24 etc. We should be able to mine and dewater until the pit is dry, without pausing the mining.
 
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