Hey Plough, I will keep this short as its the WGX threads.
I have often pondered about Western Queen, but... RTR has spent a few years and many millions of $$ and found.... nothing.
Of course, there could be a gold mine there! But... GCY is in need of quick ounces, and.... around the plant seems to have the goods, plus, RTR has only reduced the grade to increase the MRE at Western Queen, plus as others pointed out, RMS has first right to mine it, which basically screws over anyone that wants to mine it.
Some old posts/discussions:
August 2022 WQ
Jan 2021 WQ
August 2021 WQ
I do agree that the area is prospective, in fact... the whole Murchison is underexplored compared to its big brothers (Kalgoolie etc).
Good point about GCY pegging new tenements nearby, but... I guess the team just had their hands full with Never Never.
Nice to see WGX almost fully recover from their tilt at MGV. Just goes to show who was more desperate for base load ore.... RMS....
(20min delay)