Risk and valuation analysis of the Blue Spec Project |
Status Risk : Mine development |
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Title(s) of the Blue Spec Project |
| Northwest Resources Limited Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Blue Spec Project |
Northwest’s Blue Spec Shear gold project, located in the Nullagine goldfield less than 2 hour’s drive from the Pilbara hub of Newman, is one of the highest grade gold projects in Australia
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History of the Blue Spec Project |
The Blue Spec deposit was discovered in 1906 and named after the winner of the 1905 Melbourne Cup. Early mining to a depth of 180m was undertaken by following the vein system one level at a time. Stope developments were poorly designed for the style more...
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Geology of the Blue Spec Project |
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The Blue Spec deposit is characterised by some of the highest gold grades in Australia. Significantly, gold grades have continued to increase with depth. Head grades increased significantly from around 16g/t Au in the upper levels to 36g/t Au at the more...
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