AUL 7.25% 32.0¢ austar gold limited

Ann: Over 100 g/t gold from Drilling at Rose of Denmark, page-37

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  1. 2,308 Posts.
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    The nearby A1 mine is now utilising mechanised mining. They seem to be profitable with a grade of 3-4g/t. But it is difficult to ascertain the level of profitability from their company announcements. And the fact their ore is transported hundred’s of kilometres to the processing plant.

    The ore profile of the A1 mine is probably more similar to RoD than MS. Will have to wait and see how it pans out.
 
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