AYC 0.00% 2.3¢ a1 consolidated gold limited

12,800 g/t Au in blast rock at A1 mine!, page-5

  1. nk
    2,808 Posts.
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    the history of this mine is one of good luck favouring a few operators. When the mine reopened in the late 1960's the new punters were just about out of cash when they struck a very rich reef which delivered them around 10,000 bonanza ounces. So rich was this reef that one of the company directors Bert Mason recalled seeing another director pulling up outside his house at Morning Star to show the results of the previous days firing. He opened the boot and Bert saw what he described as a piece of gold laced together with quartz, it contained 400 ounces, that's $500k in the boot.

    There are a few key words in the latest announcement that aficionados of these dyke gold systems would tune into. Where reefs intersect and where reefs go from the dyke to the sediments are known historically as places of enrichment.

    Will we get lucky? If we do we have 3000 to 5000 bonanza ounces which will deliver enough cash flow to get everyone pumped up.

    Its a wild game punting on these types of gold juniors, lets see if luck comes our way.
 
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