HIGGINSVILLE - Palaeochannels Project |
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HIGGINSVILLE - Palaeochannels |
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Country |
Australia
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Province |
Western australia |
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Close to |
Kalgoorlie |
Status |
PRODUCTION
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Surface |
178 km² / 43,984 acres |
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Legends
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Risk and valuation analysis of the HIGGINSVILLE - Palaeochannels Project |
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Title(s) of the HIGGINSVILLE - Palaeochannels Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Avoca acquired the project in June 2004 for $4.5 million in cash and shares with additional staged payments totalling $1.75 million on delineation of 150,000 ounces of reserves. At the time of acquisition, the project had Inferred Resources of 4.89Mt @ 2.8g/t for 445,000 ounces including 389,000t @ 7.59g/t for 95,000 ounces (above a 5 g/t cut off grade) at Poseidon South Extended. |
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Location of the HIGGINSVILLE - Palaeochannels Project |
The Higginsville project is located between Kambalda and Norseman in the eastern goldfields of Western Australia.
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History of the HIGGINSVILLE - Palaeochannels Project |
The Higginsville area was successfully explored and worked first by Samantha Gold NL and then Resolute Ltd, who between them produced over 600,000 ounces of gold from open pit operations and approximately 25,000 ounces of gold from underground operations. In 1999 Resolute sold the exploration rights to WMC who later sold them to Gold Fields Ltd as part of their overall gold business divestment.
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Data last updated on : 6/30/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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