Unless the geo reports and studies were wrong it's just sitting there where it was.
it was the old JORC done by the last owner back in 1997-2000.
I understand they only stopped mining it because gold was $250-$300 US an ounce at the time.
it's now $1877 or so US. that's 600% difference.
that should be a relatively healthy profit margin once they can start mining again.
The other other interesting thing about that area is there's over 10million holes drilled and extensive geological mapping and information- this is definitely nothing like a greenfield project.
the potential is actually hard to get ya head around if they were able to get into full swing and also have good drill results come back from som of the areas they wanted to poke into.
DYOR
Unless the geo reports and studies were wrong it's just...
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