AUL 7.25% 32.0¢ austar gold limited

Ann: Production to commence at historic Victorian gold mines, page-141

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 563 Posts.
    lightbulb Created with Sketch. 65
    trtkjd1
    You are beating a dead horse mate. I have been trying to get this message across for yonks. But what would I know - a retired mining engineer with extensive experience in the eastern Victorian goldfields.
    The mine produced less than a million ounces during its previous life so it is highly unlikely that a 200,000 oz reef grading several ounces is to be found. The geology does not support such a thought.
    A trip underground to all levels above the ten will demonstrate how much hand sorting took place - mullock stacked beautifully in old voids. Reefs are flat lying and dirt will not rill - require scraping/washing. Extensive ground support needed although, in saying that, the rock is competent.
    i am not a naysayer, merely a realist, and am supporting your posts as you are one of the few on this forum who has a knowledge of underground mining.
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.