In contrast to what those directors were saying towards the end I always knew the CGT leases would be viable.
From Liongold
" In FY2015, operational achievements included approximately 3.2 kilometres of underground development, 48.5 kilometres of diamond drilling and the mining of 257,336 tonnes of ore at 6.8 grams of gold per tonne. Major projects comprised the completion of the tailings storage facility expansion, and the installation of a flotation circuit in the processing plant to improve gold recovery.
The successful mining at the Ballarat tenement has led to the development of a broader regional exploration programme, devised with the intention of generating a pipeline of projects that could eventually provide ore feed to the Ballarat gold processing plant."
cheers
CGT Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held