Exploration

Gold Road is currently focused on developing the Yamarna Belt and exploring a pipeline of high-quality gold prospects across the region.

The Yamarna Belt is located on the world-class Yilgarn Craton in Western Australia, which currently produces over half of Australia’s gold. The Belt’s cover and remoteness means it’s one of the most historically under-explored greenstone belts in Western Australia.

Gruyere JV (50%)

The 2018 $6 million Gruyere JV exploration programme will focus on resource definition drilling on additional high‐margin satellite deposit to supplement the Gruyere mine schedule. In late March 2018, RC drilling designed to convert the existing Mineral Resource to Ore Reserve, on completion of Pre‐feasibility Studies, commenced at Montagne (Attila‐Alaric Trend).

Pre-feasibility mining studies completed on the Attila and Alaric deposits resulted in declaration of Maiden Ore Reserves, while consistent mineralised intercepts infilled and extended historic drilling at the Montagne and Argos deposits allowing declaration of new Mineral Resources.

 

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