KGL 5.00% 10.5¢ kgl resources limited

Ann: Increased Resource at Murchison Gold Project, page-9

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  1. 1,182 Posts.
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    re: Ann: Increased Resource at Murchison Gold... Slow start to initial production (lower grade ore, hard rock & blasting cost issues) but importantly it looks like we will exceed annual returns with higher ounces and lower costs. Hopefully drilling results over the next couple of months will reinforce this. Q4 update will give us a better understanding of KGL's ability to operate a mine as the new mining contractor will be fully operational, explosives magazine on site and we start processing higher grade ore.
    For me at least, all good so far!
 
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