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New reserves but no future plan outlined by Gascoyne's administrators

Fallen gold miner has about half-a-million ounces at its disposal

Michael Quinn
The Dalgaranga mill

The Dalgaranga mill

Reserves are estimated at 16.9 million tonnes grading 0.9 grams per tonne gold. A gold price of A$1800 per ounce was used, compared to $1600/oz previously. The administrators overseeing Gascoyne...

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