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To know how to wait. It is the great secret to success
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Ballarat Project
Ballarat
Country
Australia
Province
Victoria
Status
MINE DEVELOPMENT
Latitude / Longitude
37 S 33 / 143 E 53
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Risk and valuation analysis of the Ballarat Project
Status Risk : Mine development
Country Risk : Very Low
Resource Risk : 24.00%
In situ value
2,057,601,162 $
Title(s) of the Ballarat Project
Castlemain Goldfields Limited
Owner: 100%
Title
Company Profile
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Company website
Company project page
The historic Ballarat field was purchased from Lihir Gold Ltd
Location of the Ballarat Project
The property is located in Victoria, Australiea, approximately 100 kilometres north-west of melbourne.
Reserves and resources of the Ballarat Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Indicated
900,000
10.00
289 357
Mesured and Indicated
900,000
10.00
289 357
Inferred
3,000,000
12.40
1 196 008
Total
3 900 000
1 485 364
Definitions
Reserves and resources of the Ballarat Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
1 485 364
289 357
289 357
1 196 008
oz
2 059 012 258 US$
Production history
Metal
2008
GOLD (oz)
45,000
Production Objectives
Metal
2013
GOLD (oz)
200,000
Exploration and drilling
3/5/2010
Enters Ballarat Sale Agreement
1/23/2008
Ballarat Mine Reopens
Location
Data last updated on : 10/30/2007
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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
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