check out MCO. high grade gold mine in victoria coming back into production with narrow vein mining technique.
anticipated low cost of production.
MCO are extracting ore atm & stockpiling on the pad though yet to set up a plant. a plant will cost $1.6m approx.. real cheap. free milling ore.
best intersect is 17608g/t Au over narrow width.
some reefs like Burns & Whitelaws reefs (where more ore is intact then was ever mined) averaged 40g/t when in production 1930 - 1959.
WMC stopped mining in 1960 when POG was $35.
check out MCO. high grade gold mine in victoria coming back into...
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