HIGGINSVILLE - Palaeochannels Project
HIGGINSVILLE - Palaeochannels
Country Australia 
Province Western australia
Close to Kalgoorlie
Status PRODUCTION 
Surface 178 km² / 43,984 acres
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Produces Gold -
Develops
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Last updated on 11/23/2010 - Terms of Use
Risk and valuation analysis of the HIGGINSVILLE - Palaeochannels Project
Status Risk : Production
Country Risk : Very Low
Title(s) of the HIGGINSVILLE - Palaeochannels Project
Alacer Gold Corp.
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Avoca acquired the project in June 2004 for $4.5 million in cash and shares with additional staged payments totalling $1.75 million on delineation of 150,000 ounces of reserves. At the time of acquisition, the project had Inferred Resources of 4.89Mt @ 2.8g/t for 445,000 ounces including 389,000t @ 7.59g/t for 95,000 ounces (above a 5 g/t cut off grade) at Poseidon South Extended.
Location of the HIGGINSVILLE - Palaeochannels Project
The Higginsville project is located between Kambalda and Norseman in the eastern goldfields of Western Australia.
 
History of the HIGGINSVILLE - Palaeochannels Project
The Higginsville area was successfully explored and worked first by Samantha Gold NL and then Resolute Ltd, who between them produced over 600,000 ounces of gold from open pit operations and approximately 25,000 ounces of gold from underground operations. In 1999 Resolute sold the exploration rights to WMC who later sold them to Gold Fields Ltd as part of their overall gold business divestment.
 
Data last updated on : 6/30/2008
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