CGT 0.00% 21.0¢ castlemaine goldfields limited

this first ore parcel of nearly 7000 tonnes must have been...

  1. 269 Posts.
    this first ore parcel of nearly 7000 tonnes must have been extracted during the last few weeks of Feb as they have only recently got into the Mako lode after completing the decline tunnelling

    good mining progress - seems they are capable of about 12,000 tonnes per month

    and 12,000 tonnes should yield about 3000 ounces per month, which would lead to annual production of 36,000 ounces

    and at that rate of production they would almost certainly be cash flow positive
 
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