Quareterly : "The Crown Prince project has an historical resource estimate complying with JORC 2004 criteria, which was completed by a private company in 2005 (WAMEX A72856), but not yet announced to the ASX. A review of this significant resource estimate is underway and an update incorporating drilling by Ora Gold will be announced when completed'.
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Does anyone know the 2004 Jorc resource ? Was it 30,000 ounces or more ... ? Also, by the sound of the quarterly OAU are drilling Crown Prince within the present drilling campaign that includes Abbotts.
Incidently, the water table at Abbotts - going off those old newspaper articles - is around 60 metres in depth (180 feet), so hopefully the diamond drill hits the high grades where the old timers had to give up. Lastly, the old timers did follow the main reef PLUS 2 smaller reefs ... " which are said the be gold bearing". So patience is name of the game to realise OAU potential.
Ann: Third Quarter Activities & Cashflow Report, page-9
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