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Kaiser to target 'fabulously rich' Nuggety Reef mine

MODEST gold miner and ambitious explorer Kaiser Reef has been granted a licence surrounding the  historical Nuggety Reef mine in Victoria that will allow it to drill below an area that yielded 301,000 ounces grading 187 grams per tonne gold.

Michael Quinn
Kaiser Reef's A1 plant in the Maldon gold field

Kaiser Reef's A1 plant in the Maldon gold field

The deposit was discovered in 1856 and produced for a decade.   Kaiser indicated previous exploration was "constrained" by a lack of access for optimal drill targeting.   Despite the stunning historical...

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