This is on top of the half a dozen or so historical mines that historically produced around 2 mill oz, mined only down to around 100 metres depth in most cases.
Combined with the fact that the Woods Point district has the deepest occurrence of gold in Victoria - I see many years of drilling ahead.
apparently a couple of mines such as the Rose of Denmark are thought to bulge - so we have the potential for not only depth - but width as well.
the plot continues to thicken, I just wish I could skip to the last page to see how this story ends. I enjoy happy endings.
MCO Price at posting:
15.6¢ Sentiment: LT Buy Disclosure: Held