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Uncategorized · June 7, 2017

Projects

Grants Patch gold tribute is located in the Broad Arrow Mineral Field of the Eastern Goldfields.

Grants Patch gold tribute:

  • Tribute allowing access to mine certain defined gold deposits on Norton’s leases;
  • 30km north of Kalgoorlie in the heart of Western Australian goldfields;
  • Agreement covers historic resources of more than 350,000 ounces of gold at a grade of 2 g/t;
  • Mining leases granted – deposits comprised of remnant resources below historic pits and previously unmined near-surface deposits;
  • Production commenced in Q1 2016, currently on hold and reviewing options;
  • Ore to be treated at Norton’s nearby Paddington processing plant, 25km away; and
  • Calidus to pay processing costs plus 22% royalty on gold recovered to Norton.

Filed Under: Uncategorized

 

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