Norseman Gold Project
The Norseman Gold Project covers 124 square kilometres of the prolific South Yilgarn Greenstone belt of the Eastern Goldfields in Western Australia.
Norseman is the southernmost gold mining centre of the Norseman to Wiluna gold belt which hosts an endowment of over 270 million ounces of gold. The Norseman region has been a major gold producer with production in excess of 5,500,000 ounces of gold from 1935, as shown in the map below.
The project is separated into three groups of tenements covering the Norseman, Abbotshall and Everlasting areas, as shown below.
The Norseman Gold Project contains a number of mineral resources at Mt Henry, Selene, Abbotshall and Scotia, where there is a total inventory of 1.2 Million ounces of gold at a 1.0 grams/tonne cut-off, as below;
| Deposit | Resources at 1.0 g/t Cut Off | |||
| JORC Classification | Tonnes (Mt) | Grade (g/t Au) | Gold ('000 oz) | |
| Mt Henry | Indicated | 5.0 | 2.0 | 310 |
| Mount Henry | Inferred | 5.6 | 1.8 | 320 |
| Selene | Inferred | 9.6 | 1.5 | 470 |
| North Scotia | Inferred | 0.3 | 3.4 | 36 |
| Abbottshall | Inferred | 0.5 | 2.0 | 30 |
| Total | 21 | 1.7 | 1.2 Moz | |
The Company commenced a drilling campaign in April 2007 at Norseman to upgrade and increase the mineral resources at the Mt Henry, Selene and North Scotia deposits. Encouraging results were received in early July 2007 and the data acquired from this drilling programme is now being modelled as part of the Company’s latest JORC resource calculations.
The data acquired from this drilling campaign is now being used to commence resource upgrade work at the Mt Henry deposit and allow further drill hole planning for the Selene and North Scotia deposits.
