I agree with you on this. The two largest gold mining companies on the eastern seaboard have reported mine lives of lest than 30 years. (EVN and NCM) With the discovery of Tibooburra and Kooneberry they will be leveraging a position. NSW Gov geological reports and historical results from this mostly unexplored and modern mined area are exciting. Shallow gold in soil anomalies is considerably cheaper to mine and process than hard rock mines. The profitable cutoff grades for this ground type are well below what has been reported by MHC. We have only just started drilling our now 200 km2 tenements (read the increase in the Ann). DYOR
I agree with you on this. The two largest gold mining companies...
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