AUL 7.25% 32.0¢ austar gold limited

Hi Dashmarr, I believe the grades at RoD are of sufficient...

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  1. 2,111 Posts.
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    Hi Dashmarr,
    I believe the grades at RoD are of sufficient quality to warrant a continuous campaign at Rod. IMO There were several parts in the recent announcement eluding to this.
    RoD may not be a huge money spinner at first, but I am sure there's sufficient grade to cover wages and most outgoings.
    Maxwell's reef is another good prospect and is most likely easily stoped from level nine which has recently been de-watered. I am expecting higher grade from this campaign.
    Stacpoole was a different cattle of fish, managment decided to save funds by exploring a lower grade more accessible section and try determine up lift while RoD was secured. They have saved the highest grade section for future development.
    The RoD developed lends itself to more mechanized mining with many small quartz veins with small flecks of gold distributed throughout the structure, therefore grade is less of a factor and trucking is really only 20min trip to the processing plant.

    I will up load a couple of photos of what IMO you might expect at RoD. 20180726_171456.jpg 20180726_162852.jpg 20180726_171840.jpg
    Last edited by 03boz: 07/08/18
 
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