Fox Meyer

Well, you can analyze the sand to see if it's there, but it's a bit of guesswork just like any type of mining.

But you would look for things that you would expect these minerals to come along with.

And this is why gold is an interesting thing to talk about here.

Gold is on our critical minerals list.

It is not a mineral in the same way that these other things aren't a mineral.

They're elements.

But gold isn't used in the sort of electronic systems the way these other things are.

Primarily, we use it for money, right?

But gold enters rocks and stuff underground the same way that these critical minerals do.

It's a very heavy element.

And so when rock is fractured in stuff like earthquakes or active geology, all these exciting things that produce our beautiful country...

The fluids that shoot up through the rock carry with them these very heavy things.

And when we're looking for gold, we're looking for those deposits that have come through that have carried the gold with it.

But we've realized that actually it's carrying more than just gold.

There's other interesting stuff here that historically has been pretty much useless and worth nothing because, you know, until we invented electronics, there's no use for this stuff.

We didn't have a place to put that piece.

Something like antimony, which is in Reefton.

Worthless.

You know, it'd be a hassle to sort that out from the gold that you're trying to get to.

But now, you know, I'm not sure if this idiom actually works here, but it may be worth its weight in gold.