Pattrick Smellie: BusinessDesk managing editor on Australian company Santana Minerals revealing significant gold discovery in Otago

Australian-owned company Santana Minerals has informed investors swathes of gold may be hidden under farmland in Central Otago. The 'Rise and Shine' site had been marked in a recent report as  “the most significant single gold discovery in New Zealand in four decades”. The site has an estimated value of $325 million a year and could yield between 100,000 to 150,000 ounces of gold per year. BusinessDesk managing editor Pattrick Smellie explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.