Just returned from North Qld, including a fantastic guided tour of the Citigold mine.
We video-taped the tour, & uploaded the highlights:
http://video.google.com.au/videoplay?docid=-8468125129608264700&hl=en-AU
Yes - the horizontal mining has started at Warrior at several levels - this is cheaper, faster and higher grade than the laborious vertical drilling to get there. One section was 160g/t.
Yes - the electricity upgrade is imminent - about 1-2 weeks, which will treble gold production at least, since they can work at several levels at same time. We saw Ergon installing some of the final poles.
Yes - the extra machinery is already to go - we saw it.
If you have any doubts about the wonderful future of this mine, I strongly suggest you visit the mine - words don't do it justice. The GM of Mining lives at CT and will give you a great tour of mine. Jetstar flies to Townsville direct from Sydney in only a bit over 2 hours, and you can get a hire car from airport & drive is only about 90 minutes to CT.
- Forums
- ASX - By Stock
- CTO
- citigold mine visit
citigold mine visit
-
- There are more pages in this discussion • 95 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTO (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.5M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $817 | 193.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 14410520 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5424820 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 14410520 | 0.004 |
12 | 7297354 | 0.003 |
7 | 6515025 | 0.002 |
8 | 10802988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4906790 | 9 |
0.006 | 2180000 | 4 |
0.007 | 63000 | 1 |
0.008 | 3893671 | 6 |
0.009 | 1537558 | 4 |
Last trade - 12.11pm 05/07/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |