UPDATED: Rise and Shine: biggest NZ gold find in 40 years

UPDATED: Rise and Shine: biggest NZ gold find in 40 years
Santana's Kiwi CEO, Damian Spring. (Image: Supplied)
Pattrick Smellie
Australian gold miner Santana Minerals is spruiking its "Rise and Shine” site in Central Otago as “the most significant gold discovery in New Zealand for four decades”.That puts it in contention with OceanaGold’s Macraes mine, a 90-minute drive away and in the same geological structure, which has produced more than three million ounces of gold since opening 34 years ago, in 1990.At today’s gold price, that values Macraes at $9.6 billion, with Santana’s Bendigo-Ophir discovery potentially significant...

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