How much is 152,000 ounces of gold worth and who processes gold...

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Gillysrooms

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07/09/21

22:39

Post #: 55905363
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Originally posted by Gillysrooms: ↑

Look at this

About Alliance
Alliance Resources Ltd is an Australian gold and base metals exploration company with 100% owned projects
in South Australia and Western Australia.
The Company’s flagship project is the Wilcherry Project, located within the southern part of the Gawler
Craton, approximately 45 km north of the township of Kimba, South Australia.

The Mineral Resource estimate for the Weednanna Gold Deposit, part of the Wilcherry Project, is 1.106 Mt
grading 4.3 g/t gold for 152,000 oz gold (classified 85% Measured & Indicated and 15% Inferred). Refer to
ASX announcement dated 9 November 2020 for details concerning the Mineral Resource and the Competent
Persons consent.

The maiden iron resource for the Weednanna project was announced on 19 November
2020 and totals 1.15 Mt grading 59.4% Fe (classified as 65% Measured & Indicated and 35% Inferred). Refer
to ASX announcement dated 19 November 2020 for details concerning the Mineral Resource and the
Competent Persons consent. There is potential to increase the size of these Mineral Resources with further
drilling.

Whats 152,000 oz Gold +worth today and about $300+ million gross
1.15 MT Iron Ore?

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How much is 152,000 ounces of gold worth and who processes gold nearby to make it cheaper to process?

Anyone know?

AGS Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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