Operational Gold Mining Asset - Australia
Opportunity exists for an acquisition / buy-out of a ready to operate and ready for production Gold Mining asset in Queensland, Australia. Details of the opportunity as below:
Operating in a Tier 1 jurisdiction (Australia); • Fully integrated with its own fully permitted and licensed carbon –in-pulp “C.I.P” plant; • Holds partly treated gold in ore in the plant; • Has a target of more than 1.2 m oz. of minable gold in oxide ore; • Operates at a lowball in associated cost. The mine is located in the Cloncurry mining region of Australia. The asset was acquired out of a legacy gold mining JV. The project, is located approximately 20kmseast of the Queensland regional township of Cloncurry. The mine and its associated mines along the 1.5kms strike length was one of Queensland historically highest grade gold mines.
The mine has historically produced 10,000 Oz Au at an average grade of 42g/t, almost exclusively from the oxide zone
Financials (USD)
Asking Price $15,000,000
Additional Details
Minerals Gold
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