To Quote
"The Waihi District Projects, 100% owned by wholly owned subsidiary OceanaGold (New Zealand) Limited, are located with the Hauraki District on the North Island of New Zealand.
Waihi has a notable history of gold production.
Underground mining originally commenced in the 1800s and continued through till the 1950s.
Between 1879 and 1952, 12 million tonnes of ore had been mined to yield 1,217 tonnes of gold-silver bullion."
I nearly fell over when I read that "1217 tonnes of gold-silver bullion"
With modern technolgy and equipment, including new untapped areas to develop, who knows what the future holds to the upside with these projects.
I'm very happy to be holding for the long term potential this area holds.
Cheers
Sparky
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- Ann: OceanaGold Waihi District Study PEA NI 43-101 & JORC Table 1
To Quote"The Waihi District Projects, 100% owned by wholly owned...
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