$US ... Grade too low, and too much overburden to make it a cheap operation. There appears to be reasonable underground potential. Oceana have a 30,000m drill program in place for 2017, already knowing that gold continues for at least 30km along strike.
As for NAE? Our permits cover a collective area of nearly 900km2. There have been a number of hard-rock and alluvial gold operations in the associated region, the most notable of which being Gabriel's Gully. Doug Mackenzie and Dave Craw really appear to know their craft. Glass Earth have done plenty of positive exploration in the area as well
http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00009207
We're ~200km (by road) from the Macraes site. Indications that there's a mirror image of the Hyde-Macraes shear zone should pique the interests of OceanaGold
Weekly chart shows well formed cup & handle pattern, page-77
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