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The Perth Mint
               The Perth Mint
               – Australasia’s
               – Australasia’s
               refiner of choice
               refiner of choice
               With operations fully guaranteed by the Government of Western
               Australia, The Perth Mint has earned a reputation as the lowest risk
               With operations fully guaranteed by the Government of Western
               refinery in Australasia. That’s why we’re trusted with processing more
               Australia, The Perth Mint has earned a reputation as the lowest risk
               than 90 per cent of Australasia’s gold production.th processing more
               refinery in Australasia. That’s why we’re trusted wi
               than 90 per cent of Australasia’s gold production.
                                                                                   perthmint.com/refine
                                                                                   perthmint.com/refine
                                                                           trying to understand what is going on and they
     MINT0272A-FP A4 RefinerOfChoice.indd   1                              have a long way to understand it,” Burnett said.  11/3/20   4:00 pm
     MINT0272A-FP A4 RefinerOfChoice.indd   1                              “But there is no doubt there is something there.”  11/3/20   4:00 pm
                                                                           While Alkane was lauded for its exploration feats
                                                                           at the longer-term Boda prospect, the panellists
                                                                           also recognised Musgrave Minerals Ltd’s efforts
                                                                           at the Cue gold project in WA’s Murchison.
                                                                           It  was  agreed  that  the  spectacular  grades  at
                                                                           several lodes meant Cue was shaping as a tidy,
                                                                           high-grade gold project potentially complimentary
                                                                           as a “bolt-on” for another party to mine.
                                                                           “Without  a  doubt  this  is  definitely  the  biggest
                                                                           year  in  our  history.  In  some  areas  we’ve  met
                                                                           expectations,  in  other  areas  we  think  we’ve
                                                              Lynda Burnett  exceeded  expectations.  When  the  first  holes

                                                                           at Starlight intersected 50-60m down, we didn’t
          a Newmont [Mining Corp] or Newcrest [Mining Ltd]; that will be   have enormous hopes that we would come right up to surface.
          high up on their potential opportunities in Australia. Gold Fields   We were hopeful that it would but we weren’t positive that it would,
          [Ltd]/Gold Road [Resources Ltd] will be looking at it; it won’t get   so the fact that it does come right the way back up to surface at
          mined by De Grey, it will be taken out by a major.”  very high grade has been exceptional and above expectations,”
                                                               Musgrave managing director Rob Waugh tells GMJ on page 36.
          M&A activity in the gold sector is hot and projects such as the
          wider Mallina must be red alert on the radar of companies with
          the capacity to fund such large-scale projects in the near term.
          De Grey will court attention just as 2018 and 2019 GMJ Explorer   Paul Carter
          of the Year award winner Bellevue Gold Ltd has at its namesake
          project near Leinster in WA.
          Bellevue was again among the contenders for the 2020 Explorer
          of the Year award, but the sexiness of greenfields discoveries
          were hard to ignore with Alkane Resources Ltd’s Boda discovery
          in New South Wales Lachlan Fold also a talking point among
          judges.
          However,  with  Boda  gold-copper  porphyry  in  nature,  Alkane
          has more ground to cover in proving up the Cadia-style Tier 1
          potential.
          “It will be interesting to see if they can get some high-grade down
          there. They are turning the drill rigs at the moment, so they are







 The Perth Mint 


 – Australasia’s refiner of choice                              perthmint.com/refine










 MINT0397-400mm w x 60mm h StripAd Refinery.indd   1                                                    23/11/20   1:01 pm

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