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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
Legends
Valorisation
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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%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Western Areas NL
Option on interest: 70%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
(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
TonnageGradeReserves and resources
GoldGold
g/toz
 Indicated1,927,0001.97 122 050
 Mesured and Indicated1,927,0001.97 122 050
 Inferred538,0001.90 32 864
 Total 2 465 000 154 915
Definitions
Reserves and resources of the Sandstone - Lord Nelson Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 154 915 122 050 122 050 32 864oz 212 729 052 US$
Production history
Metal2009200820072006200520042003200220012000
GOLD (oz)29,88532,93033,84690,45619,14834,12342,89546,83558,29947,803
Data last updated on : 9/6/2006
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