Member Company Profile

Gold Road Resources

GOR:AU|Last Price: USD 1.02|Market Cap: USD 896.21 M

USD 0.40        USD 1.11


Gold Price: $1,500.25|Silver Price: $17.04|Platinum Price: $846.00|Palladium Price: $1,462.00|Gold:Silver: 88.0


Status: Producer|Primary Mineral: Gold|Primary Country of Operation: Australia


Last Updated: August 9, 2019

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IR Contact

Duncan Hughes
+61 8 9200 1600
[email protected]
www.goldroad.com.au

Address

Level 2, 26 Colin Street
West Perth, WA 6005
Australia

Cautionary Information

© Copyright 2019, Denver Gold Group & Gold Road Resources.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Gold Road is pioneering development of Australia’s newest goldfield, the Yamarna Belt, 200 kilometres east of Laverton in Western Australia. The Company holds interests in tenements covering approximately 6,000 square kilometres in the region, which is historically underexplored and highly prospective for gold mineralisation. In November 2016, Gold Road entered a 50:50 joint venture with Gold Fields for the Gruyere JV covering 144 square kilometres.

The Yamarna leases contain a gold Mineral Resource of 6.6 million ounces, including 5.8 million ounces at the Gruyere Deposit and an Ore Reserve of 3.9 million ounces. All current Mineral Resources and Ore Reserves are contained within the Gruyere JV project areas, of which the Company owns 50%.

The Current Operational Plan for Gruyere indicates the Project’s Ore Reserve supports an average annualised production of 300,000 ounces for at least 12 years.

Gold Road continues to explore for multi-million ounce discoveries on its 100%-owned Yamarna tenements, and additional high-value deposits to add mine life to the Gruyere JV.

The Company is focused on unlocking the potential of the Yamarna Belt and has developed an extensive exploration plan focusing on new gold discoveries in the region.

Value Drivers
  • 50:50 JV partner Gold Field s a proven global miner
  • Long life, low cost production at Tier 1 gold mine
  • Successful Explorer in underexplored belts - A$20 Exploration budget for 2019. Extensive 6000km² prospective Yamarna exploration tenements (Gold Road 100%)
Top Shareholders
  • BlackRock
  • Gold Fields Ltd
  • Sun Valley Gold
Management
Chairman: Tim Netscher
CEO: Duncan Gibbs
CFO: Tony Muir
Executive Director - Exploration & Growth: Justin Osborne
Non-Executive Director: Sharon Warburton
Non-Executive Director: Brian Levet
GM Legal and Corporate Development: Hayden Bartrop
Manager Business Development & Investor Relations: Duncan Hughes
More Detail
Capital Structure
Common Shares Outstanding: 877,977,231
Float (%): 100.00
Fully Diluted Shares: 877,977,231

IR Contact

Duncan Hughes
+61 8 9200 1600
[email protected]
www.goldroad.com.au

Address

Level 2, 26 Colin Street
West Perth, WA 6005
Australia

Cautionary Information

© Copyright 2019, Denver Gold Group & Gold Road Resources.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.