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Sandstone - Lord Nelson Project
Sandstone - Lord Nelson
Country
Australia
Province
Western australia
Close to
Perth
Status
CARE AND MAINTENANCE
Surface
1,800 km² / 444,780 acres
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Risk and valuation analysis of the Sandstone - Lord Nelson Project
Status Risk : Care and Maintenance
Country Risk : Very Low
Resource Risk : 36.00%
In situ value
214,595,776 $
Title(s) of the Sandstone - Lord Nelson Project
Troy Resources NL
Owner: 100%
Title
Company Profile
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Company website
Company project page
Western Areas NL
Option on interest: 70%
Title
Company Profile
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(WSA earning 70% of nickel rights from Troy Resources)
Location of the Sandstone - Lord Nelson Project
The Sandstone project is located approximately 600km northeast of Perth in the East Murchison Mineral Field, Western Australia. The town of Sandstone is situated within the central part of the project area.
History of the Sandstone - Lord Nelson Project
Gold mining commenced during the 1890s and the township of Sandstone was established as a mining centre in 1907. Currently Troy operates the only gold treatment facility in the Sandstone region through its Sandstone Treatment Plant situated near Troy’s first open pit, the Bulchina mine.
Geology of the Sandstone - Lord Nelson Project
The Sandstone Greenstone Belt (SSGB) is located at the northern end of the Southern Cross Province in the Archean Yilgarn Block of Western Australia. The belt is triangular in shape and has been interpreted as a north-plunging antiform, bounded on the east and west by two major trans-cratonic faults, the Edale and Youanmi faults respectively.
Reserves and resources of the Sandstone - Lord Nelson Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Indicated
1,927,000
1.97
122 050
Mesured and Indicated
1,927,000
1.97
122 050
Inferred
538,000
1.90
32 864
Total
2 465 000
154 915
Definitions
Reserves and resources of the Sandstone - Lord Nelson Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
154 915
122 050
122 050
32 864
oz
212 729 052 US$
Production history
Metal
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
GOLD (oz)
29,885
32,930
33,846
90,456
19,148
34,123
42,895
46,835
58,299
47,803
Discoveries and Drilling Results
3/8/2010
New Nickel Sulphide Discovery at Sandstone JV
4/15/2008
Drilling At Indomitable Prospect, Sandstone, Intersects Broa...
Data last updated on : 9/6/2006
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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