Kaiser's lovely red arrows pointing down dip toward the 'swan zone' is the culmination of 165 years of trial and
Error, underpinned by the vast historic discoveries from Victoria's gold mines.
Rick Rule in a recent interview: "Question is -who is willing to drill below depleted Aussie gold mines to find out
if there are anymore 'Swanzo's out there. Fosterville decided to drill deeper and Kirkland lake went from 25c to
$50.00 in 4 years. That's a story I expect to be repeated several times in the future'.
Melbourne Mining Club:
'Recent and ongoing successes like Fosterville, Costerfield and Ararat show what brownfields can do. They broke
the yoke on traditional mining techniques by biting the bullet and drilling "below" depleted Aussie gold mines.
Without the commitment and perseverance of systemic "deeper" drilling within a well-established framework,
the world-class "swan zone" at Fosterville is unlikely to have been found.'
Agnico Eagle:
Agnico Eagle's CEO-Al Joundi visited Fosterville in 2022 after merging with Kirkland lake gold and stated:
'The mine at Fosterville fits in with our 'strategy' of focusing on politically stable [Albo stable? ] regions that
have -strong geological regions- to support many mines over several decades. With Fosterville we have an
exceptional ore body and an exceptional team. Again-it's our intention to be here hopefully for decades--
multiple mines for multiple decades'.
In 2021 Kirkland carried out an exploration program at Fosterville for 121,000 m of drilling with high- grade
quartz with visible gold -500- meters further down plunge from the swan zone in the lower Phoenix in a series
of 'splay' structures parallel to the swan zone. Hence the occurrences of 'visible' gold is becoming increasingly
'significant' at depth at Fosterville and observed more frequently...Below...800 meters...down plunge within
the lower phoenix and harrier gold systems.
The Geological Survey of Victoria, suggested that 'Conservatively' there is 75million oz/ gold to be discovered
in the northern parts of the Stawell/Bendigo/Melbourne zones.. Including 'multiple' million oz occurrences.
Kaiser:
Kaiser's recent announcement is not without reason:
'We have an extraordinarily strong advantage already established at Maldon to bring in the next 'significant'
high-grade Victorian gold mine.' Many readers here would back that statement.
The sweet spot for gold investors is holding the right company at the right time in it's development cycle.
Gold at U.S. $3000 by years end- after- central banks and governments worldwide get their fill ?
Go well,
Hm
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Kaiser's lovely red arrows pointing down dip toward the 'swan...
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Last
25.0¢ |
Change
0.010(4.17%) |
Mkt cap ! $148.3M |
Open | High | Low | Value | Volume |
24.0¢ | 25.0¢ | 23.8¢ | $396.1K | 1.637M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 73958 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 297999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33000 | 0.245 |
1 | 200000 | 0.240 |
8 | 365605 | 0.235 |
3 | 27869 | 0.230 |
4 | 181000 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 297999 | 2 |
0.255 | 100000 | 1 |
0.260 | 54081 | 2 |
0.265 | 33586 | 2 |
0.270 | 8200 | 1 |
Last trade - 16.20pm 11/09/2025 (20 minute delay) ? |
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