the rot has set it, page-2

Hi Bursta, I reckon the future looks really bright now for Ausgold. They've just got a whizbang CEO, ex A-Cap, Iamgold and WMC geologist. The director Murchison who resigned is holding his 5m shares and options. IMO the share price is being drawn to the gap at 83, hope it fills! Finally, it's hard to argue with this:

Ausgold Limited (“Ausgold” or the “Company”) (ASX: AUC) is pleased to advise that exploration at Katanning has identified a continuous gold mineralised corridor with a strike length in excess of 20 KILOMETRES (my emphasis) which constitutes the Katanning Gold Project. This zone is currently being drill tested within the Jinkas Corridor, a 4 kilometre section of the Katanning Gold Project between Fraser in the south, and the Olympia and Jackson prospects to the north.
New, previously unannounced, significant gold assays returned from the current RC drilling program include:

? 13m @ 10.40 g/t Au from 86m in Hole BSRC0562
? 8m @ 5.80 g/t Au from 174m and 5m @ 1.36 g/t Au from 124m in Hole BSRC0469
? 3m @ 8.30 g/t Au from 43m in Hole BSRC0516
? 9m @ 2.20 g/t Au from 198m in Hole BSRC0492
? 2m @ 10.48 g/t Au from 106m in Hole BSRC0573
? 20m @ 3.15 g/t Au from 99m in Hole BSRC0565
? 3m @ 5.89 g/t Au from 67m and 5m @ 1.25m from 204 in Hole BSRC0524
? 5m @ 3.16 g/t Au from 230m and 3m @ 2.26 g/t Au from 310m in Hole BSRC0532
? 3m @ 5.28 g/t Au from 168m in Hole BSRC0496
? 6m @ 2.52 g/t Au from 230m in Hole BSRC0560
? 6m @ 2.32 g/t Au from 209m in Hole BSRC0559
? 10m @ 3.62 g/t Au from 131m in Hole BSRC0466
? 5m @ 2.86 g/t Au from 96m in Hole BSRC0475

They're sitting on a monster, time to top up imo!

Cheers