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Northwest Resources

LATEST
ANNOUNCEMENTS

30 Oct 09
2009 Annual Report More...

30 Oct 09
First Quarter Activities and Cashflow Report More...

28 Oct 09
Notice of Annual General Meeting More...

Northwest is an Australian mineral exploration company focused on discovering and developing high-grade gold mines in Australia.

Northwest’s flagship project is the Nullagine Gold Project, located in Western Australia less than 2 hour’s drive from the Pilbara hub of Newman. The Nullagine Gold Project is a unique combination of very-high grade deposits amenable to underground mining and numerous open-pitable satellite deposits which presents robust development options.

The Company’s current global JORC resource for the Nullagine Gold Project totals 1.33 Mt grading 8.3 g/t gold for 353,000 oz and 7,300 tonnes of antimony grading 1.02%. The global resource comprises:

  • the advanced underground Blue Spec deposit (323,000t grading 24.3 g/t gold for 253,000 oz and 5,550t of antimony grading 1.72%) and Golden Spec deposit (34,000t grading 32.2 g/t gold for 35,000 oz and 500t of antimony grading 1.40%); and
  • a series of satellite deposits within development distance of Blue Spec (521,000t grading 2.5/t gold for 56,000 oz of gold and 1,100t of antimony grading 1.1%)

Northwest is currently undertaking pre-feasibility studies on developing the high-grade Blue Spec deposit as the first stage of a broader regional development strategy for the Nullagine Gold Project.

Northwest is listed on the Australian Securities Exchange (ASX codes: NWR)

ANNUAL
REPORT

Download Northwest Resources 2009 Annual Report

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