A low cost Australian gold producer is tracking well as it mounts a major turnaround
amidst high gold prices and an increase in gold production.
This company, which has now returned to gold-silver concentrate production, has
survived an extreme weather event which wiped out its access to infrastructure and
It is now intent on making up for lost time at its main project in NSW, where it is in
its early stages of a projected 7+ year mine life with tonnes of resources yet to be
dug out and processed.
The company has further exploration projects, including a current drill program that
is expected to increase the mine life further and create a sustained revenue source
over the coming years
The company’s revenues could be enhanced further at its 100% owned
state-of-the-art Carbon-in-Leach (CIL) processing plant where it processes
all of its ore.
The plant has undergone $30M worth of upgrades over the past few years
and is within 1km of the company’s gold producing open cut mine.
The information in this email should not be the only trigger for your investment
decision. Click on the link below for a more in-depth and informed examination
of the company. We strongly recommend you seek professional financial advice
whenever making financial investment decisions.
With the turnaround now in full swing, this $6.5M capped company, has fixed its
access to infrastructure, resumed revenue generation and recently hit a production
milestone, producing and shipping its 60th gold bar since the start of the year.
