Development

 

Central Bore

f486bd58eaa19907_001Central Bore, the first discovery made on the Yamarna Belt, was identified by Gold Road on its 100%-owned North Yamarna tenements in 2009.

The Project has a JORC 2012 Resource of 180,000 ounces of gold at an average grade of 9.0 grams per tonne gold and includes the high-grade Imperial Shoot, which has a JORC 2012 Resource of 112,000 ounces of gold at an average grade of 22.7 grams per tonne gold.

Central Bore has not been incorporated into the Gruyere Feasibility Study, but there is the potential to process ore from the deposit through the proposed Gruyere plant.

Further technical work is required but should that option be pursued, it would be expected to enhance the economics of Gruyere.