Palmer Goldfields Operational Project A$4,000,000 million
Large group high grade ML's x17 & 60sq klms exclusive exploration ; Estimated resource 2.5 million LCM;
Summary
SUMMARY
Located on historic Palmer River Goldfields these 17 mining leases, high grade, granted to 2031-2036. PLUS 3 x Exploration Permits covering 60sq klms exclusive rights. Plant & Equipment, excellent established infrastructure; roads/tracks/dams, exceptional camp & communications.
Palmer gold is known as some of the purest natural gold in the world and assays at 97-98% gold.
Granted Alluvial Leases and surrounding Exploration Permit areas have hard rock potential.
With a successful alluvial operation currently in production, this project represents a rare opportunity to secure a large group of Palmer River mining leases comprising 539 ha; plus exclusive rights to a further 60 square kilometres of Exploration areas in Far North Queensland.
This project offers the potential to launch a campaign to discover further resource, substantially increasing production & cementing security of longevity of the mining project.
The sellers may consider tailoring the offering to buyer’s requirements.
Estimated resource 2,500,000 LCM (Loose Cubic Metre) under granted mining leases plus considerable resource yet to be pegged within exploration areas.
Further resource to be pegged within the exclusive exploration areas.
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