OAU 5.88% 0.9¢ ora gold limited

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    With Directors and underwriters $2m raised would be a fair expectation. That would take drilling through until mid-year 2018.

    We'd surely have a fair idea what's in the ground by then. CP sounds good, and THX are putting their own money against Lydia.

    So far, drilling GG is a whole lot different to Red Bore. RB was hit or miss, we were trying to harpoon a whale. GG starts from shallow; it is showing defined structures (love it) and already reasonable grades in an extending area.

    Building on historical work at CP with modern capabilities is going to be interesting, and hopefully rewarding.

    I did surveying for many years and plans and marks from a hundred years ago were not uncommon, but importantly they were reliable and valid. Just because records are old doesn't mean they're wrong.

    I'm quite looking forward it.
    Last edited by boppy: 02/09/17
 
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