Opportunity to acquire an advanced exploration gold project located near Kalgoorlie in Western Australia
Argonaut PCF has been appointed by the vendor to seek indicative offers for the acquisition, or other such arrangement to the satisfaction of the vendor, of the Majestic North Gold Project (Majestic North or the Project) located approximately 50km east of Kalgoorlie.
Majestic North is host to a JORC (2012) compliant Mineral Resource of 765kt @ 1.61g/t Au for 40koz of contained gold.
The Project’s prospectivity is demonstrated by significant nearby gold deposits including Black Cat Syndicate’s Majestic Project, Silver Lake’s Mount Monger Project and Ora Banda’s Davyhurst Project.
- JORC (2012) Compliant Mineral Resource of 765kt at 1.61g/t Au for 40kz of contained gold
- Optimised Pits Study demonstrated potential for 17koz – 25koz of gold production
- Existing 300m long primary target beneath the supergene resource as defined by a pyrite zone, intrusive basement lithologies and thicker gold intercepts
Indicative offers are sought by Monday, 18 April 2022.
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