AUZ
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14.3% 0.8¢ australian mines limited

re: some buying up 27% rapidex: gold at duplex south has been...

  1. hardrock
    430 Posts.
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    12/12/05
    12:35
    Post #: 1273059
    re: some buying up 27% rapidex: gold at duplex south has been described in reports as indicative of mt.monger style veining ie. high grade but very thin. I would not expect a gold ann. to have many intercepts greater than 1m@good grade. anything around 3g/t is rubbish & uneconomic - you want to see lots of hits with 20g+ next to them before you start to think you have a gold mine. very similar to norseman - looks great on paper but very, very difficult to prove resource & even harder to mine.
    Good luck to AUZ.
    AUZ Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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