KAU 3.03% 17.0¢ kaiser reef limited

Ann: Material Gold Acquisition, page-124

  1. 2,083 Posts.
    lightbulb Created with Sketch. 502
    Thanks @PaydirtPat

    Had a quick look at the Q&A video talk - was only related to the acquisition and not current drill program.

    The plan as discussed appears to be:

    - Ramp up A1 mine from the current reduced administration rate taking advantage of current gold prices
    - Explore at the Nuggety Gold mine in Malden which is a high grade narrow vein target.
    - Some comparisons were made between Nuggety and Kirkland and Bellevue as profitable operations in these types of systems.
    - Apparently there are some historical grades at Nuggety of 200 g/t which are not near any other holes which it sounds as though they want to follow up
    - The plan is then to feed any finds into the existing Mill. A no capital cost approach was mentioned.
    Last edited by WhatLiesBeneath29: 19/10/20
 
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