GOR Stock Discussion

Gold Road Resources Ltd   Description

Gold Road Resources Limited is engaged in mineral exploration and development in Western Australia. The Company is involved in the development of the Yamarna greenstone Belt, which is located approximately 150 kilometers east of Laverton in Western Australia. It holds interests in tenements, covering approximately 5,000 square kilometers in the Yamarna greenstone Belt. Its tenements contain a gold resource of approximately 6.6 million ounces, including approximately 6.2 million ounces at the Gruyere deposit. Its projects include the Gruyere project, Yamarna Belt-Central Bore Trend, Yamarna Belt-Attila Trend and Gold Road. Gruyere project has width that ranges from 7 meters (m) to 190 m with an average width of 90 m. The Gruyere project's mineral resource amounts to approximately 96.93 million tons at approximately 1.23 gram per ton (g/t), and is based on a total of over 38,000 m of drilling, which includes approximately 11,600 m of diamond and over 26,400 m of Reverse Circulation.

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Gold Mineral Exploration Drilling Greenstone Belt Diamond Laverton Yam Petrology Metamorphic Petrology 3 G