GWR Group Ltd. said Aug. 15 that its latest estimate for the Wiluna West Gold project increased by 13.5%, or 34,500 ounces, to 4.2 million tonnes at 2.2 g/t gold for 289,000 ounces as the Golden Monarch, Eagle and Emu deposits posted increases in their resources.
The measured, indicated and inferred estimate for Golden Monarch was 800,000 tonnes grading 2.2 g/t gold for 55,000 ounces at a cutoff of 0.5 g/t. For Eagle, it was 790,000 tonnes grading 1.8 g/t gold for 45,000 ounces at a cutoff of 0.5 g/t.
The inferred estimate for Emu's resource was 600,000 tonnes grading 2.2 g/t gold for 40,000 ounces at a cutoff of 0.5 g/t.
The maiden inferred estimate for Joyners Find was 90,000 tonnes grading 2.6 g/t gold for 10,000 ounces.
GWR said the resource definition drilling for Golden Monarch is now complete with a clearing permit from the Department of Mines, Industry Regulation and Safety. A project management plan will be submitted to the agency in the short term.
The company also advanced its negotiations for a joint venture agreement with Blackham Resources Ltd. for potential mining and milling of the Wiluna West gold deposits at Blackham's Matilda gold project.
