MURCHISON GOLD PROJECT
The Murchison Gold Project covers the northern end of the Mount Magnet and Youanmi Shear Zones. The project tenure includes 46km² of granted Mining Leases and 297km² of Exploration Licenses. The projects are located along strike from several multi-million ounce gold mines and large gold processing facilities.
The Project hosts a well understood, high grade 1.1Moz gold Mineral Resource with a clear pathway to rapidly expand the known Mineral Resources through drilling near mine targets.
The project produced over 330,000 ounces at 8g/t gold up until 2017 when it was put into care and maintenance due to the subdued gold price (A$1,600/oz). Extensive processing infrastructure remains in place adjacent to the Andy Well underground mine.
The Company is currently progressing feasibility studies to bring the asset into production and has a clear strategy to systematically grow the Mineral Resource.
1.1Moz gold Mineral Resource in world
class gold field
CIRCLE VALLEY GOLD
Located 85 kilometres south of Norseman in Western Australia
CIRCLE VALLEY RARE EARTH
Shallow, high-grade rare earth mineralisation
CASCADE RARE EARTH
High proportion of valuable permanent magnet metals