Yes it is very important to check all angles but I do wish people who make outrageous claims back them up. The last self appointed expert "knew a geologist" lol. Seems hardly worth reading Hot Copper posts at times to be honest, there is not even any attempt at accountability.
I have done some more reading and provide some links. Still cannot make any claim one way or another except all looks great to me. They say BIF is ideal host rock as it causes desulphidation , natural processing. Plus the Yilgarn Craton area has been deeply weathered, more natural processing. Never can guarantee until the experts release detailed data but at face value keeps looking better and better to me.
At this stage in any spec there is risk involved but high risk/high reward.
Refractory gold seems mainly to be an issue for undergound mining. Seems the higher the grade the more refractory it can become. I think I read that right, in the link anyway.
Of course we cannot make any assumptions because we do not know the exact make up of the geology but seems a fair probability we will be the low cost little beauty KAL claim.
http://www.ga.gov.au/about/corporate/ga_authors/ajagg_17_4/CJ_Yeats_F_Vanderhor_ajagg174.jsp
http://minmag.geoscienceworld.org/cgi/content/full/68/2/255#SEC9
So looks ok to me, without any guarantee though lol. Check with the company if in doubt.
Cheers.
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