All tagged Gold Road ASX:GOR

Gold Road Resources releases its 2018 Annual Report

Well‐funded mid‐tier gold development and exploration company, Gold Road Resources Limited (Gold Road or the Company) has provided its 2018 Annual Report to the market. Chairman Tim Netscher said it was his pleasure to present the report at a time when Gold Road and its joint venture partner, Gold Fields, were standing at the threshold of producing first gold from the Gruyere Project.

Drilling season gets underway as explorers target more gold, nickel success in the Goldfields

The well-attended RIU Explorers Conference in Fremantle this week served as the perfect backdrop for three of Australia’s most exciting exploration stories to launch their 2019 drilling campaigns. For Gold Road Resources (ASX: GOR) and NTM Gold (ASX: NTM) it is go for gold in the Goldfields while St George Mining (ASX: SGQ) wants to build on its status as owner of Australia’s most exciting greenfields nickel project.

Gold Road updates Gruyere production guidance

Australia's next gold miner, Gold Road Resources (ASX: GOR), says it expects its Gruyere joint venture project will produce 100,000 ounces of gold in 2019 after achieving first gold pour during the second half of the year. Ramp‐up to full nameplate capacity is expected to be completed within six to seven months of first gold.

Gold Road's ore reserves, grades up at Gruyere, total now at 3.92moz

Gold Road Resources (ASX: GOR) has used its annual mineral resource and ore reserve statement to declare a significant increase in both number of ounces at the world-class Gruyere gold project and the resource grade. Extensive work including drilling up Golden Highway deposits over the past 12 months has enabled Gold Road to increase the Gruyere ore resource by 2% to 6.61 million ounces and the ore reserve by 5% to 3.92moz. The ore reserve grade has been increased by 5% to 1.24g/t gold. Gruyere, being developed in a 50-50 JV with Gold Fields, is in the final stages of construction, with first gold production expected in the June quarter. Over the 12-year life of the mine, Gruyere is forecast to produce on average 300,000oz a year.