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check out MCO. high grade gold mine in victoria coming back into...

  1. beforethebounce
    6,963 Posts.
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    16/09/09
    15:12
    Post #: 5650194
    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.
    Value at posting: $0.00
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