PROCESSING

Cannon pays its way

SOUTHERN Gold has picked up another $A2 million from the operating Cannon open-pit gold mine in a third profit share distribution, bringing the total payments so far received from the mine to $5.5 million.

Karma Barndon
Cannon gold bars.

Cannon gold bars.

Westgold Resources helped finance and develop the Cannon deposit and is responsible for all mining, haulage and processing activities under a 50-50 profit share arrangement with Southern Gold. The Cannon...

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