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Gold Prospecting
Metal Detecting for Gold
Hill End - No Detecting Zone
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<blockquote data-quote="crustydog" data-source="post: 153536" data-attributes="member: 4951"><p>i worked underground at the mine for HEG. They are sitting on a literal gold mine where their current (shut down ) mine is located. we were mining good course gold day in - day out. at the then price for gold if they weren't making money it was through poor management not poor returns. Their drilling program was well behind, they also hadn't drilled near where the Holterman nugget was found ( that would've been the first place i would have drilled)</p><p>it has been sitting idle for around 5 years now as far as i know. their next big location is at Hargraves. which they would like to open cut mine. I am definitely no expert but open cut mining an narrow vein ore body doesn't seem like the smartest idea. the geoligists were incompetent ("just because you can see gold doesn't mean it carries") WTF?! and it just got worse the higher you went.</p><p>someone will get a bargain taking over HEG.</p><p>If they cant find it underground they've no hope of getting any on the surface.</p></blockquote><p></p>
[QUOTE="crustydog, post: 153536, member: 4951"] i worked underground at the mine for HEG. They are sitting on a literal gold mine where their current (shut down ) mine is located. we were mining good course gold day in - day out. at the then price for gold if they weren't making money it was through poor management not poor returns. Their drilling program was well behind, they also hadn't drilled near where the Holterman nugget was found ( that would've been the first place i would have drilled) it has been sitting idle for around 5 years now as far as i know. their next big location is at Hargraves. which they would like to open cut mine. I am definitely no expert but open cut mining an narrow vein ore body doesn't seem like the smartest idea. the geoligists were incompetent ("just because you can see gold doesn't mean it carries") WTF?! and it just got worse the higher you went. someone will get a bargain taking over HEG. If they cant find it underground they've no hope of getting any on the surface. [/QUOTE]
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Gold Prospecting
Metal Detecting for Gold
Hill End - No Detecting Zone
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