Is not much exploration going on this qtr only 130k worth?
Mining of JORC gold ...well first they need JORC Gold so much more drilling needing done ... took many years before IRC converted TEAL from promising drill results to JORC Gold reserves -- toll treatment took many more years
If FAU can prove up a higher grade like your est 80koz 3.9g/t Gold resource then generally a much lower amount would likely be mined as you don't mine resources(well not unless you want to become another failed micro-cap) but Reserves 20-30koz
I understand Toll treatment is hard to come by in the region(And contract rates have increased like the AUD Gold price) ... maybe once IRC secures Coolgardie Gold plant a deal could be done if IRC plans to treat Teal camp gold ..?
Is not much exploration going on this qtr only 130k worth?...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.323M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 61215705 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10983232 | 6 |
View Market Depth
| Last trade - 16.11pm 05/07/2024 (20 minute delay) ? |
| FAU (ASX) Chart |
Day chart unavailable