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.
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%)
Gold Fields Ltd
Sun Valley Gold
Executive Director - Exploration & Growth:
GM Legal and Corporate Development:
Manager Business Development & Investor Relations: