AUL 0.00% 28.5¢ austar gold limited

high grade gold..., page-20

  1. 1,023 Posts.
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    Just doing a little reading between the lines, JORC resource of 75,000 oz was 150,000 before JORC rules changed so a little extra drilling to take it back to 150,000 oz plus the new high grade on the coronation shear similiar size or bigger, with extentions downhole and across.

    IMO it looks like a potential resource of around 300,000oz
    with another dozen shears to be tested of similiar size, you don't need to be to creative to see a resource of over half a million ozs of gold plus silver multi million oz silver, should be too bad to mine either as it is not particularly deep.

    Not bad!
 
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