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Norseman Gold Mine
Norseman Gold Mine
Country Australia 
Province Western australia
Status PRODUCTION 
Latitude / Longitude 31 S 43 / 123 E 31
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Produces Gold -
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Risk and valuation analysis of the Norseman Gold Mine
Status Risk : Production
Country Risk : Very Low
Resource Risk : 33.00%
In situ value
5,379,501,690 $
Title(s) of the Norseman Gold Mine
Norseman Gold Plc
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the Norseman Gold Mine
The Norseman Project is located 725 km east of Perth in Western Australia. it is is Australia’s longest continuously running gold mining operation. Gold was first discovered in the region at Dundas, 22 km south of present-day Norseman, followed in 1894 by a gold discovery near the future town of Norseman itself, by prospector Laurie Sinclair, who named the deposit after his horse, Hardy Norseman
 
History of the Norseman Gold Mine
Gold was first found on the Norseman field in 1894 and over the last 65 years it has produced over 5.5 million ounces of gold. The mine is producing at a rate of around 80,000 ounces per annum, sourced from two high-grade narrow-vein underground mines - the Bullen and the Harlequin.
 
Geology of the Norseman Gold Mine
the Eastern Goldfields Province of the Yilgarn Block Western Australia. Gold was first discovered at Norseman in 1894 following discoveries at Dundas, 22km to the south, in 1892. The majority of production has come from the Mararoa-Crown (Main Field) more...
 
Reserves and resources of the Norseman Gold Mine
TonnageGradeReserves and resources
GoldGold
g/toz
 Proven9,4007.30 2 206
 Probable1,400,0008.90 400 598
 Proven and Probable1,409,4008.89 402 804
 Measured5,100,0000.80 131 175
 Indicated5,300,0007.00 1 192 793
 Mesured and Indicated10,400,0003.96 1 323 968
 Inferred10,000,0007.50 2 411 306
 Total 21 809 400 4 138 078
Definitions
Reserves and resources of the Norseman Gold Mine
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 4 138 078 2 206 400 598 402 804 131 175 1 192 793 1 323 968 2 411 306oz5 341 596 893 US$
Production history
Metal200920082007200220012000historical
GOLD (oz)80,75377,22971,431137,023128,495109,6125,500,000
Exploration and drilling
8/6/2010Fatality at the Norseman Project
Location
Data last updated on : 7/29/2009
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources