328 New Nuggets! 72.7g

[mn90403]

Sydney Morning Herald

 

Golden streak grows as Gateway bags 328 new nuggets in WA

https://www.smh.com.au/business/companies/golden-streak-grows-as-gateway-bags-328-new-nuggets-in-wa-20251105-p5n7z1.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[Dutchman4]

Big gamble, hope it turns out to be profitable for them.

[Wild Bill]

I’ve been yapping away and flogging the subject of Intrusion gold over on…

(What Makes A Good Nugget Patch). 

A thread by Ridge Runner.  This could be a good example but time will tell as more understanding through exploration defines a useful model.  Seems like they’re leaning the IRGS direction and by golly it was overlooked & under-recognized as a prospect!  😁 

[Dorado]

A mate and I spent just over a month in that general area about 16 years ago, we were a bit further N/E from there and while we found a few small, scattered patches unfortunately for us never struck it big. 

Cheers 

[Sgtfda]

They will need to do better for a company. A little over 2 oz does not feed many. Does suck in investors though.

[mn90403]

When I read stories like that I don't post them all but this one had some pictures of nuggets.  I think it interesting because they discuss geology but they also talk about getting investors.

I met some guys at an investment conference 'Money Show' and they were working silver in Mexico.  I believed them but it wasn't successful.  Just like the oil wells I've invested in but some things do pay.

[Wild Bill]

It sounded like they were using detectors as exploration tools like geophysical surveys for some mining process later.  That mining method could be placer or lode.  Drilling might be the next faze after finding a hot spot detecting?  Detecting doesn’t seem feasible as a final production, especially to keep investors interested.  

[mn90403]

Over the years I've read lots of them that start that way.  They will even give access to some detectorists if they tell where they have made their finds during the collection period.  Of course many of the 'clues' are long gone from poachers or before they were in control of the properties.