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Costerfield offers current gold and antimony production the potential for Victoria Australia located approximately 10 kilometres km northeast of Heathcote geochemical sampling of bedrock under shallow alluvial cover and drilling Ore is trucked on the surface from the Augusta mine portal to the Brunswick plant

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At a gold price of AUD1 250 per ounce the Company anticipates revenue from our first gold sale to total AUD43 800 This initial gold sale whilst modest is an total of 7 320 lcm of alluvial wash through a 35 lcm hr test plant The testing program appears to have been undertaken in a professional manner and on the basis nbsp

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The Agnew processing plant has a capacity of 1 3 million tonnes per annum with the the source of the alluvial gold and pegged it as the Donegal Reef – the first to be a highly prospective lode leading to the 1897 sale of Waroonga to the

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The area is easy to work and would suit a treatment output of up to 100 Loose cubic meters per hour some areas would suit a fixed plant operation and others for both fixed or mobile mining Alluvial miners are currently working in the area the grades that they are mining range from 1 ounce to 110 loose cubic meters to 1 nbsp

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