Corporate

Golden Mile Resources Ltd (Golden Mile; ASX: G88) is a project development and mineral exploration company. The primary focus is on growing the company with a multi asset and multi commodity strategy through advancement of core projects, acquisition of high-quality assets and tactical alliances with joint venture partners.

The company’s near-term focus is on advancing its newly acquired Pearl Copper Project in Arizona, USA, located in the world-class Laramide Porphyry Belt. The company’s longer term focus includes the advancement of the Quicksilver nickel-cobalt project, located in Western Australia.

The Pearl Copper Project is situated in the San Manuel mining district, Pinal County, Arizona, approximately 40km north-east of Tucson, near the town of Mammoth. Arizona is a Tier 1 mining jurisdiction, and the USA’s top copper producing state. It has had minimal modern exploration yet is situated immediately north of BHP’s San Manuel-Kalamazoo Mine, one of the largest deposits in the Laramide Porphyry Copper Province.

The Quicksilver Nickel-Cobalt Project, located near the town of Lake Grace (~300km SE of Perth), is on privately owned farmland in an area with excellent local infrastructure. The Project is an oxide clay hosted Nickel-Cobalt deposit with an Indicated and Inferred Resource of 26.3 Mt @ 0.64% Ni & 0.04% Co (cut-off grade >0.5% Ni or >0.05% Co). Further to the defined Resource, Quicksilver has confirmed mineralisation of Rare Earth Elements (REE’s) and high-grade scandium (Sc) within the Resource envelope as well as gold.

Golden Mile is focused on creating shareholder value and its Board and management team has a proven track record of exploration, development and production success.