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Gold Detecting and Prospecting Forum

Gold is like a magnet, once you have found it you want more. This is the place to tell us what you want to do or just discuss any issues you feel it appropriate. We provide the answers to your questions on gold detecting and prospecting.

mines in receivership

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Gold Detecting and Prospecting Forum :: General :: Prospecting Answers :: General Information

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Post  broc113559 Sat Apr 03, 2010 12:45 pm

can anybody tell me what happens when a mine goes into liquidation? is it possible to be granted permission to prospect there? and how to go about it? can mines dept override the mines innital decission?

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Post  Harb Sun Apr 04, 2010 11:19 pm

I'm not to sure, but if the mine is in receivership you may be wasting your time detecting there Laughing Laughing Laughing
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Post  Jigalong Sat May 22, 2010 8:51 am

broc113559,

If a company is in receivership, they still own the leases. They are an asset to be managed / sold by the receiver.

I had a heap of View Resources when they went arse up - a week after announcing they were on target to achieve their quarterly production target !

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