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Gold Road Resources

Mining & Metals · West Perth, WA
Website: www.goldroad.com.au

Gold Road is a mid-tier Australian gold producer with a Tier 1 mine and exploration projects in the underexplored and highly ... prospective Yamarna Greenstone Belt in Western Australia’s north-eastern Goldfields. Gold Road owns 50% of the world-class Gruyere gold mine, which was developed in Joint Venture with Gold Fields Ltd and produced first gold in June 2019. Gruyere is forecast to lift production to a sustainable 350,000 ounces (100% basis) annually per annum by 2023 whilst maintaining a mine life of at least 10 years, making it one of Australia’s largest and lowest-cost gold mining operations. The Gruyere JV has Open Pit Mineral Resources of 6.7 million ounces, including an Ore Reserve of 3.48 million ounces (100% basis). In February 2021, Gold Road reported a 50% attributable Maiden Underground Inferred Mineral Resource of 0.87 million ounces of gold from beneath the December 2020 Gruyere Open Pit Resource. Gold Road discovered the world-class Gruyere deposit in 2013 as part of its pioneering exploration across Yamarna and entered into the Gruyere Gold Project Joint Venture with Gold Fields in 2016. The Gruyere JV includes 144 km² of the Yamarna Belt. In addition to the Gruyere JV, Gold Road controls 100% of tenements covering ~4,500 km² across Yamarna with a Mineral Resource of 0.3 million ounces. Gold Road is executing an industry leading exploration strategy to discover the next multi-million-ounce gold deposits at Yamarna. read more

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