Resource Development and Explorations
Norton Gold Fields tenement area covers 1,092km2 within the world-class Kalgoorlie gold province which includes the Paddington and Binduli Gold Operations.
Following on from 2013 acquisitions of the Bullant and Lady Bountiful projects, in 2014 Norton acquired the Mt Jewell Project increasing its mineral resource inventory substantially.
Resource and Reserves:
Norton Gold Fields Resource Statement (December 2023）
| Measured | Indicated | Inferred | Total Resource | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mt | g/t | Moz | Mt | g/t | Moz | Mt | g/t | Moz | Mt | g/t | Moz |
| 18 | 1.3 | 0.74 | 210 | 1.0 | 6.70 | 92 | 1.35 | 4 | 320 | 1.1 | 11 |
| Proven | Probable | Total Reserve | ||||||
|---|---|---|---|---|---|---|---|---|
| Mt | g/t | Moz | Mt | g/t | Moz | Mt | g/t | Moz |
| 13.16 | 1 | 0.43 | 150.9 | 0.8 | 3.76 | 164.1 | 0.8 | 4.19 |
Mineral Resource and Ore Reserve updates as of 31 December 2023 now comprise a total Measured, Indicated and Inferred Mineral Resource of 320 Mt at 1.11g/t Au containing 11 Moz, see Table 1-4 below for Mineral resource detail of each project.
Total Proven and Probable Ore Reserve s of 164.1 Mt at 0.80g/t Au containing 4.19Moz;