AUL 7.25% 32.0¢ austar gold limited

Ann: Over 100 g/t gold from Drilling at Rose of Denmark, page-40

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  1. 1,204 Posts.
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    'So the question is, how does it average out? Previous mining says it averages out very well but that’s not a given. They are drilling in areas the previous miners didn’t believe there was gold and there are some serious g/t results.
    Stackpool looks light on with drill results but with potential upscale in trial mining, the results could well be in the money. '
    Some here are hanging their hat on grade factoring, the processed grades were up to 10 times the drilled grades. Taking into account that the ore was hand sorted wouldn't you expect that to be the case?
    So what would the grade be without sorting, economic?
    In this day and age hand sorting isnt economic, this is something for consideration.
    As for A1, well I follow it and its certainly no world beater and struggles to gain any market recognition. Their costs can't give much of a pointer likely Morning Star costs, imo.
 
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