Very supportive article 5 Aug, short extract:
".......The way Beament sees it, Northern Star “absolutely stole’’ the mines it has picked up in more recent times. The Kundana operation near Kalgoorlie is a case in point. Acquired from Barrick, and coming along with the Kanowna Belle operation where high-grade ore from Kundana is trucked for treatment, Kundana is home to the Pegasus discovery (51 per cent-owned by Northern Star). Its resource base of 355,000 ounces in June last year has more than doubled in the past six months to 763,000 ounces. And latest exploration results point to it growing to one million ounces and beyond in quick fashion. That such a high-grade deposit can be found within 15km of Kalgoorlie some 120 years after the first gold strike at the Golden Mile is remarkable stuff. But as Northern Star geology and planning manager Darren Cooke pointed out, a region that has been well drilled has not necessarily been well explored, Challenging the status quo on geological understanding of gold controls in a particular region was behind the Pegasus discovery, and a willingness to drill while others might not. Pegasus has been the reward. And those who toured the Jundee acquisition up north reckon Northern Star has got another bargain......"
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Very supportive article 5 Aug, short extract: ".......The way...
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