https://www.engineeringnews.co.za

Gold Road sets aside A$10m for WA spend

5th January 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Junior explorer Gold Road Resources has set aside A$10-million to spend on exploration during 2016 across the Yamarna belt, in Western Australia.

The exploration programmes would target the discovery of additional multimillion-ounce gold deposits on Gold Road’s North Yamarna tenements and the South Yamarna tenements it holds in a joint venture with Sumitomo Metal Mining Oceania.

The junior has previously defined a 5.6-million-ounce resource at its Gruyere deposit, which was discovered in the South Dorothy Hills Camp in North Yamarna in 2013, and studies were progressing with the aim of bringing the Gruyere project into production in 2018.

“The development of Gruyere is continuing according to plan and we look forward to presenting the results of the completed prefeasibility study this quarter,” said executive director Justin Osborne.

“There remains excellent potential for more million‐ounce-sized discoveries across the Yamarna belt and we will continue to take a systematic approach throughout 2016 to assess the six camp scale targets we have identified as being the most prospective.”

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Showroom

Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.079 0.132s - 156pq - 2rq
Subscribe Now