Cobar gold !, page-9

@crackpot deserves a big spend, only 20kms away from Aurelia ( who need more ore ).
The most recent analysis was likely more gold under cover along the old river beds.
The eastern section is considered the controlling geology where they uncovered high grade
gold surface samples. This prospect has hardly been touched and without breaking a sweat has
100000 oz gold. One of the primary reasons this prospect has not been worked out originally
was the lack of water and transport.
Considering much of the original drilling is close to surface this is a no brainer considering
central banks, the Indian and Chinese middle class are buying big.
Supply is getting short.

As far as the different funding approach 're Collerina as they know 45000 tons are available
essentially from surface with potentially another 150000 tons in the present envelope ( not taking into account the close by potential VMS satellites ) a deal could be done, without major dilution!?

In any event waiting for the latest Joshua results ( visual copper in cores ) plus
still potential at Joshua considering a $ million was recently spent to give Helix
more data to work with and we still retain 100% ownership.

Cheers

DYOR etc