CGT 0.00% 21.0¢ castlemaine goldfields limited

new zone of gold mineralisation at ballarat

  1. 44 Posts.
    Hi,

    Todays announcements highlights some important points Id like to emphasise.

    *planning is proceeding to re-commence mine development in early 2011, with gold production to follow in late 2011.

    *?h The upper zone of gold mineralisation contained high grade spur veins and is just 40 metres below existing mine development;
    ?? 1.3m @ 53.8 g/t Au in CBU059 from 39.0m,
    ?? 8.0m @ 7.3 g/t Au in CBU059 from 44.5m,
    ?? 1.4m @ 26.6 g/t Au in CBU058 from 50.8m.

    Good Trading
 
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