To follow up on Exmins post. If you read the June qtr 2015 report it says that they bulk treated 3920 tonnes from the Union Hill mine. Expecting to get 10.9g/t (uncut) however they only recovered a head grade of 3.00g/t. This suggests that Union Hill is a bit of a lemon or the management (geology dept) got it wrong. At this point they should have stopped all development and production and did a review of the geology or drilled some holes.Regarding the A1 the jury is still out on the mining approach. If the December qtr figures don't show a profit, the the mining approach is wrong, whether this is poor management or not remains to be seen depending on what they do.
When A1 Consolidated was operating the mine (Pre Rogers et el) the bulk mining method was planned then.
Heron Resource spent possibly $18 million on drilling and setting up the mine for a bulk mining scenario, but walked away believing it wasn't a goer.
Ashok Parek (Kalgoorlie publican), Dennis Clark (Ex A1 Mine Foreman?) and M Goodz (geology) were the original directors of A1 Consolidated and pushed by the geology dept wanted to bulk mine the A1. M Goodz did some consulting work for Heron Resources and started the idea of Bulk mining.
I believe the A1 to be a narrow vein airleg mine with small tonnes and high grade. If the mine was in the back blocks of West Aust and the mill was next door, bulk mining is a good proposition.
In summary. Union Hill is a dog. A1 is a great small gold mine. Trucking costs are killing it.
Previous management, the less said the better. Current management, mining wise OK depending what they do next. Corporate wise appallingly silent. Unlike you D1326 I know nothing with respect to ASIC and corporate shenanigans.
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