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Millennium defines 80,400-ounce gold resource for Bartons Underground pit

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Millennium defines 80,400-ounce gold resource for Bartons Underground pit

Millennium Minerals Ltd. on Aug. 7 announced a maiden mineral resource estimate for the Bartons Underground pit of its Nullagine gold project in Western Australia.

At a cutoff of 2.0 g/t of gold, Bartons Underground is estimated to host indicated and inferred resources of 80,400 ounces of gold contained within 475,900 tonnes grading 5.3 g/t of gold.

The resource is based on three main zones, although it excludes several recent high-grade intercepts such as 41 meters at 6.02 g/t of gold, which was reported last month.

According to Millennium, the results confirm strong potential to establish its maiden underground mining operations at Bartons, one of the many pits that remain open at depth.

"We will now commence preliminary studies to consider the optimal development pathway for the Bartons Underground, in parallel with additional exploration work both at Bartons and at other key exploration targets at Nullagine," said CEO Peter Cash.