Why invest in Bardoc Gold?
A diversified portfolio of high-quality Australian gold assets – underpinned by a combined Mineral Resource inventory of over 3.07Moz Au in the North Kalgoorlie region.
Bardoc Gold Limited has embarked on a strategy to build a substantial long-term gold business in Western Australia’s Eastern Goldfields through a combination of acquisition, exploration and strategic consolidation.
A strong Resource base
The Bardoc Gold Project hosts a Total Mineral Resource Estimate of at 54.6Mt at 1.8g/t Au for 3.07Moz of contained gold – representing one of the largest consolidated gold Resource inventories in the Eastern Goldfields.
The recently completed DFS forecast average production of 136kozpa at AISC of A$1,188/oz set to underpin strong margins and compelling financial returns, positioning Bardoc as a significant new mid-tier gold producer. The full announcement and resource statement can be read here.
In addition, the company has identified significant organic growth potential within the Bardoc Gold Project area, with targeted exploration programs underway.
A high-quality asset portfolio
This extensive and high-quality gold portfolio offers outstanding potential for shareholder growth, with intensive exploration and resource development programs planned across the Company’s key projects.
Bardoc Gold Project
The Bardoc Gold Project was formed in October 2018 following completion of the merger between Excelsior Gold and Spitfire Materials, bringing together significant resources and excellent potential for growth. The Project runs contiguously north for 50km in the Eastern Goldfields. There are three main deposits and a multitude of smaller projects within the 247km2 land-holding, providing a large Resource base and excellent exploration potential within the prolific Norseman-Wiluna greenstone belt and junction of the Bardoc Tectonic Zone (BTZ) and the Black Flag Fault (BFF). These two deep-seated crustal structures host many multi-million-ounce deposits, including the worldrenowned Golden Mile in Kalgoorlie.
In addition to this large Resource base, the Bardoc Project also offers excellent exploration potential within the prolific Norseman-Wiluna greenstone belt, and at the junction of the Bardoc Tectonic Zone (BTZ) and the Blag Flag Fault (BFF).
An experienced Board & Management team with a track-record of exploration and corporate success
Bardoc Gold has an experienced and highly-credentialed Board and senior management team, with a strong track-record in exploration, development and mining. The company is led by CEO Robert Ryan, who graduated from the highly-regarded WA School of Mines (WASM), has extensive technical and operational experience working at the highest levels of the WA gold industry and brings the appropriate blend of skills and expertise required to oversee the advancement of the Bardoc Gold Project through feasibility and into financing, development and operations.
Highly experienced mining executives John Young, Neil Biddle and Rowan Johnston continue to have significant input into Bardoc’s overall corporate strategy and direction.
Mr Biddle and Mr Young both played an instrumental role in the growth of Australian lithium developer, Pilbara Minerals Limited, now a $1.6 billion company, and were closely involved in the discovery and development of Pilbara Minerals’ world-class Pilgangoora Lithium-Tantalum Project in Western Australia.
Mr Rowan Johnston has led several highly-successful gold companies, most recently as Managing Director of Excelsior Gold, with previous roles with Mutiny Gold and Integra Mining.
In the role of Non-Executive Chairman is Mr Tony Leibowitz, a highly epxerience corporate executive. Mr Leibowitz has over 30 years of corporate finance, investment banking and broad commercial experience and has a proven track record of providing the necessary skills and guidance to assist companies grow and generate sustained shareholder value.
Strong growth outlook for gold
The Australian gold sector is experiencing a high level of investor interest and support, underpinned by the strength of the Australian Dollar gold price and the strong outlook for the sector both domestically and internationally.
Gold is one of the world’s most versatile metals, with approximately 45% of gold today used to produce jewellery, 45% used in the form of investments and finance, and the remaining 10% used for technological and industrial applications (of which around 75% is used for the manufacture of electronics).