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Bardoc Gold Project

Western Australia

The Company's core focus is on the exploration and development of the Bardoc Gold Project, located in the Eastern Goldfields region of Western Australia. The company has grown its Resource position through a combination of exploration and mergers and acquisitions at an opportune time for the Australian Gold sector.

The Project hosts a Total Mineral Resource Estimate of 49.4Mt @ 1.9g/t Au for 3.02Moz of contained gold, representing one of the largest consolidated gold Resource inventories in the Eastern Goldfields. Read the full Resource Statement here

Bardoc Gold Project - Location of major Resource areas

Development Strategy

Bardoc Gold’s aim is to establish a sizeable gold production hub at the Bardoc Gold Project, initially based on the development of the five main deposits.

This strategy would involve the construction of an on-site processing centre that is capable of processing a wide range of ore types. Current work includes major exploration programs to continue to grow the Mineral Resource inventory, with these results to feed into a Definitive Feasibility Study.

Latest information on our exploration and development activities at the Bardoc Gold Project can be found in our ASX Announcements.

Mineral Resources

The Project includes five main gold deposits – Aphrodite, Excelsior, Zoroastrian, Mulwarrie and Bulletin South – as well as a multitude of smaller deposits. The Company has also acquired the Mayday and North Kanowna Star project which includes a combined JORC Resource of 111,600oz and is located immediately east of the Bardoc Gold project.

* Note: Differences may occur due to rounding. Full details of the Mineral Resource estimate were provided in the Company’s ASX Announcement dated 30 September 2019.

Following Bardoc Gold’s merger with Excelsior Gold Limited (ASX:EXG), Bardoc acquired the 100%-owned Bardoc Gold Project located 30 to 55km north of Kalgoorlie in Western Australia.

The Project covers 250 square kilometres of granted mining leases and prospecting licences over the intersection of the well mineralised Bardoc Tectonic Zone greenstone sequence with the cross cutting Black Flag Fault system. The convergence of these major gold mineralising structural systems has resulted in widespread gold mineralisation throughout the Project area.

Historic gold production of 56,700 ounces is recorded from the Bardoc Mining Centre located in the central part of the Project. This production occurred largely from the underground Zoroastrian mine in the late 1890s to early 1900s. Recent production from the Zoroastrian and Excelsior open pits by Aberfoyle Gold from 1987 to 1991 totalled 2,220,000 tonnes at 1.6g/t Au for 113,000 ounces of gold.