Opportunity to Acquire an Established Gold Mine with Significant Infrastructure

Key highlights:

  • c. 500sqkm tenement package that includes the Beatons Creek and Mosquito Creek Basin deposits;
  • Established mine site with significant existing infrastructure including the recently operational Golden Eagle 1.5Mtpa Gold CIL Processing Plant and a 230-person accommodation village;
  • Central to a number of large-scale iron ore, manganese and lithium development projects for parties to potentially leverage off the existing infrastructure;
  • NI 43-101 Mineral Resource of 3.9Mt @ 2.2g/t Au for 276koz at the Beatons Creek deposit;
  • 1.5Mtpa Processing Plant has the potential through modification to treat refractory gold and/or other commodities being explored or developed locally, such as lithium and manganese;
  • Scoping Study undertaken by DRA on the addition of a flotation circuit to the processing plant to facilitate the treatment of refractory ore; and
  • Potential to relocate the Golden Eagle Mill to unlock an existing asset base.