Bakers creek waste dump is approx 105m by 70m in area and 15m to...

Bakers creek waste dump is approx 105m by 70m in area and 15m to 20m deep. This equates to between 110250-147000 cubic metres.

A cubic metre of soil weighs around 1.2 tons. According to 2006 sampling a ton yields 3.49grams.

So conservatively if you work with 110000 cubic metres and allowing each cubic metre to be 1 tonne the amount of gold should be around:

110000 times 3.49 = 383900grams - equating to 383.9kg.

Converting to ounces: 383.9 times 2.2 times 16 equals roughly 13500 ounces.

13500 ounces times approx $2200 per ounce equals around $30mill Oz dollars. Stand to be corrected. This is just Bakers creek alone.