"Duplex Hill South has
progressed to the stage whereby near-term production is being planned.
Commenting on the project, Australian Mines’ Chief Operating Officer Mr Brett
Young said, “Given the very shallow nature of the deposit and the very buoyant gold
price, we have fast-tracked plans for an initial “starter” pit at Woodline 1 within the
Duplex Hill South project.
“Woodline 1 currently hosts a JORC compliant Indicated Resource to a depth of 60
metres of 123,000 tonnes at 2.9 g/t for 11,300 ounces."
Just plain od fantastic bit of announcement that was totally overlooked by the crazy market !!!! The tone of the announcement holds a lot of promise & this is not from any explorer who has never dug a ditch. These guys are existing miners hence they surely know what they are talking about here and they are talking of GOLD PRODUCTION here. Not sure what could re-ignite passion in this scrip. Oh! if only I could read the market correctly !!!!!
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- starting production this is way undervalued
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