100 koz JORC resource at White Dam, normally I would say "so what!"
Will be difficult to fund to production for a junior and development risks,
BUT,
- Current Gold Price supports economics and
- Heap Pads, Plant and Permits already in place.
So only hurdles are:
- pit economics and metallurgical recoveries (derisked with previous production),
- funding for working capital for mining/stacking, before gold flows from the heaps.
As Mineralised said - DELICIOUS
I would add - and LOW RISK
Ann: White Dam Maiden JORC 2012 Resource of 102koz, page-4
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