If the Centro Gold Project ever did get off the ground I have no doubt about its worth, I guess I have always been a little luke warm on the ability of any private regular gold mining project seeing eye to eye with surface rights/activity users/historical claimants and various elder councils. The whole place has been a minefield for whoever tested it, several have.
Having said that, if Oz Minerals were to come to some suitable arrangement which allowed for a traditional open pit and gold process facilities it would be significant to them. With little cash spent Avanco upped the resource in 2018 by 20% to 2Moz the prospect is open in all directions and full with satellite potential all very close, 10Moz or 20Moz would not be hard to add. I am unsure of OZL's stamina on this project to be honest, Covid cannot have helped, perhaps adding a year to it and do OZL want this enough ?
I, like all holders would love the gold project to get off the ground, fingers crossed I guess.
Cheers
Phil.
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