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- Santana Minerals SMI - The next large Otago Macraes Gold Deposit ?
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Interesting that 25% of the 31m is earmarked for "Continued resource definition and extensional drilling".
One without great knowledge (me) might presume that to get this far they already know enough to start actual mining and this 8m might be better invested in a big truck or something. ....And that "Continued resource definition" might thus be funded in due course by the sale of gold. Its not like they will mine the whole field in one go.
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