AUL 7.25% 32.0¢ austar gold limited

Unfortunately, a "speck" of gold in a 10kg test amt. DOES NOT...

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  1. 16,136 Posts.
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    Unfortunately, a "speck" of gold in a 10kg test amt.

    DOES NOT mean there is any gold in the other 990 kgs.

    ALL the ore in a drive has to be moved, and generally

    ore with low/no gold content, won't go through the mill.

    Potentially finding a 1/2 gram speck of gold in a 10kg sample,

    it could end up .005 grams to the tonne.

    The very low amount going through the mill, means they have to

    work hard to ensure only high grade ore is processed,

    and low grade ore is kept to a bare minimum.

    We'll only know what grades are going to the mill,

    after determining 'recovery' of gold processed,

    and how many days processing it took to produce a gold bar.

    Lack of any reference to when processing started/shall start,

    is becoming a serious concern.

    Need to produce 26.6 ozs (827 grams), of UNREFINED gold,

    every day that the mill is running, just to break even.
 
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