Mount Morgan Project |
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Mount Morgan |
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Country |
Australia
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Province |
Queensland |
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Close to |
Mountmorgan |
Status |
FEASIBILITY
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Latitude / Longitude |
23 S 38 / 150 E 22 |
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Legends
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Risk and valuation analysis of the Mount Morgan Project |
Status Risk : Feasibility |
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Title(s) of the Mount Morgan Project |
| Norton Gold Fields Limited Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The transaction involved the acquisition of the tenements and an operating agreement with the State of Queensland. Consideration comprises an initial $25,000 option payment, $150,000 cash, 10.49 million shares in NGF on transfer of tenements, and $3 million in deferred payments over the first three years following commissioning. |
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Location of the Mount Morgan Project |
Mount Morgan Mine Project is located 38 kilometres south west of Rockhampton, Queensland.
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History of the Mount Morgan Project |
The Mount Morgan mine operated from 1886 to 1981, mainly as an open-cut gold and copper mine and has been a notable project in Australia’s mining history. During this period it produced 262 tonnes of gold, 387,000 tonnes of copper and 37 tonnes of si more...
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Data last updated on : 12/31/2007
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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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