Doing some light Saturday morning reading of this ann, again.
There's definitely gold there right, the question is - is it a gold mine?
From the company
Ok so I had a look at the Wiki page for Wattle Dam and indeed the vast bulk of the mined resource at Wattle Dam wasn't from the open pit mining - but at depths of up to 365m.....
"The mine ceased production in 2012, having produced 213,650 ounces of gold from its underground operations between 2006 and 2012, reaching a depth of 365 metres, and at a grade of 14.9 grams per tonne. Open pit mining at Wattle Dam, which finished in 2008, produced a further 52,700 ounces, at a grade of 5.3 grams per tonne. Both the underground and surface mining grade is considered high by industry standards.[12]"
Keep drilling team.....
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