Gold Road Resources (GOR)

Shares / Stock Code

GOR

Stock Exchange / Sharemarket

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Gold Road Resources (GOR) is a gold exploration company which owns tenements covering more than 4,000km² of the Yamarna greenstone belt in Western Australia. The Yamarna belt is a historically under-explored region that is highly prospective for gold mineralisation and hosts a number of significant new discoveries. It lies directly north of the recently discovered 6 million ounce AngloGold-Ashanti / Independence’s Tropicana deposit. GOR was listed on the Australian stockmarket (ASX) on 4 July, 2006.

The Yamarna Project is Gold Road Resources' flagship project and covers most of the Yamarna Greenstone Belt. It is located 140km east of Laverton on the eastern edge of the Yilgarn Craton in Western Australia. Gold Road Resources has 100% ownership of the Yamarna Project (with some tenements subject to separate royalty agreements) and has made a number of significant gold discoveries across its substantial ground holding of around 4,100m2.

It is Situated directly north of the 6 million ounce Tropicana deposit, there is increasing evidence that the Yamarna Greenstone Belt could be the fourth major, gold-rich, shear zone in the Yilgarn Craton. The world-class Yilgarn Craton currently produces over half of Australia's gold.

Yamarna's cover and isolation means it's one of the most historically under-explored greenstone belts in Western Australia. Gold Road Resources believes there is significant scope to discover more gold mineralisation at Yamarna given the lack of intensive historical exploration activity. It has assembled a substantial regional tenement package that for the first time allows exploration in the belt to be approached in a systematic manner.