Mantle did not say as much in any asx ann but a local paper ran...

Mantle did not say as much in any asx ann but a local paper ran a story and quoted the project manager as saying it cost them over a million to get it permitted and studies completed.

By memory $300,000 was all Mantle paid fo Norton. Gold price was a few hundred lower then.

Lots of shallow gold for Metalbank to mine at Triumph. But getting something jorced, feasibility study and permits e.t.c. is probably going to cost Metalbank more $$$ than it would to buy Norton. And over a year before mining starts, whereas with Norton it is just about ready to go.

Just my gut feeling that there is a lot of outcropping shallow gold of decent grades to mine at Triumph but not convinced an economical gold ore body will be found at depth.