Royal Nickel Corp. RNKLF

Selby: "We think will be a very, very big gold mine"

[Geodan2]

"There’s a golden end of a drill hole, which basically looks like a golden rose, so we’re cutting that as a specimen slab out and once that's out of the way then we’ll be firing again and expect to see lots of other specimens get generated, maybe not quite this big."

He said the depth the company was mining was lower than any miner had gone before in Kalgoorlie and after this find he expected Beta Hunt would grow.

"We always thought it had the potential for a big deposit we just weren’t able to raise the capital to drill it properly," he said.

"Obviously with 30,000 ounces that will be hitting the bank account over the next few weeks we’ll have more than enough capital to do the drilling we need to build what we think will be a very, very big gold mine that will last many years in the Kambalda region."

 

The nuggets will now be taken on a roadshow across the globe and eventually sold at auction.

https://www.smh.com.au/business/companies/small-miner-big-wa-nuggets-20181003-p507m2.html