:cool::cool::cool::cool::cool:Eventually there was some 37 old...

Eventually there was some 37 old mines within the Payne's Find Gold Field, all of which are now currently under the control of Cervantes Corporation.

These old workings produced gold with grades of 18 grams per tonne to 5 ounces per tonnes (31.1 grams per tonne equals one ounce).

Modern mines can develop very profitable operations with 2 grams per tonne subject to tonnes of material, pit designs and availability of a processing mill.

Cervantes now controls some 20 permits, which effectively covers the entire historical gold field.

http://www.abnnewswire.net/press/en/92344/