Mount Morgan Project
Mount Morgan
Country Australia 
Province Queensland
Close to Mountmorgan
Status FEASIBILITY 
Latitude / Longitude 23 S 38 / 150 E 22
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Produces
Develops Gold -
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Last updated on 1/8/2010 - Terms of Use
Risk and valuation analysis of the Mount Morgan Project
Status Risk : Feasibility
Country Risk : Very Low
Title(s) of the Mount Morgan Project
Norton Gold Fields Limited
Owner: 100%
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The transaction involved the acquisition of the tenements and an operating agreement with the State of Queensland. Consideration comprises an initial $25,000 option payment, $150,000 cash, 10.49 million shares in NGF on transfer of tenements, and $3 million in deferred payments over the first three years following commissioning.
Location of the Mount Morgan Project
Mount Morgan Mine Project is located 38 kilometres south west of Rockhampton, Queensland.
 
History of the Mount Morgan Project
The Mount Morgan mine operated from 1886 to 1981, mainly as an open-cut gold and copper mine and has been a notable project in Australia’s mining history. During this period it produced 262 tonnes of gold, 387,000 tonnes of copper and 37 tonnes of si more...
 
Location
Data last updated on : 12/31/2007
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