Pretty typical MO from gold explorers.
Drill to infinity while drip feeding mediocre assay results to the punters.
The million dollar question is, what is the grade cutoff figure for a commercially viable gold mine nowadays?
Given the ridiculous Capex/Opex costs of running any hard rock mine, it's got to be many gm/t.
At the end of the day, how many established gold miners, on once bonanza finds, are even profitable nowadays? I'd wager very few!
Ann: Minyari Dome Project - Results from 2023 Air Core Drilling, page-16
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