Projects Overview
Golden Mile Resources is a project development and mineral exploration company which is entering into a significant growth phase.
The Company has implemented a multi-asset and commodity strategy with a focus on Greenfields through to advanced stage projects.
This has been specifically tailored to leverage the strengths of the Board, which has a proven track record of exploration, project development, construction and operations.
Within its portfolio, the Company has an advanced critical metals project and multi-element exploration projects located in the Tier 1 Mining Jurisdictions of Arizona, USA and Western Australia respectively.
All Projects
Pearl Copper Project
The Pearl Copper Project is Golden Mile’s near-term primary focus, prospective for copper, zinc and silver, and located in a world class copper belt known as the Laramide Porphyry Belt in Arizona, USA, one of the most globally significant copper producing areas. The Project has drill ready targets and a maiden drill program is being developed.
Quicksilver Nickel-Cobalt Project
The Quicksilver project is located in Western Australia, about 280kms south east of Perth. The Quicksilver deposit has an indicated and inferred Resource Estimate of 26.3 Mt @ 0.64% Nickel & 0.04% Cobalt (cut-off grade >0.5% Ni or >0.05% Co). Golden Mile has identified a customised multi-products flowsheet to produce nickel-cobalt and iron-nickel-cobalt-chromium concentrates as well as industrial products.
Yuinmery Gold & Base Metals Project
The Yuinmery Project is located 80km to the southwest of Sandstone in the Youanmi Gold Mining Diestrict approximately 10km east of the Youanmi Gold Mine (ASX: RXL and VMC), and adjacent to the Yuinmery Cu-Au Project (ASX:ERL). It is composed of a single exploration licence which was acquired in late 2019.
Yarrambee Ni-Cu-PGE & Cu-Zn Project
The Yarrambee Project, comprises ~816km2 landholding covering the Narndee Igneous Complex (NIC) in the Murchison Region of Western Australia, making Golden Mile the largest landholder over the NIC. It is located about 500km northeast of Perth.
Leonora Gold JV Project
Golden Mile’s Leonora JV Project is located approximately 40km north east of Leonora and 230km north of Kalgoorlie, in the prolific Eastern Goldfields region of Western Australia. In January 2022 Golden Mile finalised an Earn-in and Joint Venture agreement with Kin Mining Ltd (now Patronus Resources) over the Company’s Leonora Gold Project comprising the Benalla, Monarch and Ironstone Well project areas.
Gidgee JV Project
The Gidgee Project is composed of two exploration licence applications covering 400 square kilometres adjacent to Horizon Gold’s Gidgee gold mine. The tenure takes in a number of potential target areas, including areas prospective for gold, nickel, cobalt, copper and iron ore. The Company has a Farm-In Agreement granting Gateway Mining Limited (“Gateway”; ASX:GML) the right to acquire an 80% interest in the Gidgee Project.