Tumblegum South Gold Project
The Tumblegum South Gold Project is located 40km south, southeast of Meekatharra, and 1km west of Meekatharra-Sandstone Rd, approximately 3km to the east of the ‘Star of the East’ historical mine, and 1km south of the old Gabanintha Gold Mine.
The Tumblegum South Gold Project consists of a granted Mining Lease M51/888 and hosts a gold Mineral Resource of 616,000 tonnes @ 2.28g/t Au for a total of 45,000 ounces of contained gold and includes an Indicated Mineral Resource of 337,000 tonnes @ 2.52 g/t Au for 27,000 Oz gold.
A Scoping Study was completed in December 2023 and subsequently updated in April 2024 in light of a sustained increase in the gold price above the range quoted in the initial Scoping Study and included updated processing and transport costs after discussions and feedback with operators and interested parties in the area.
The positive results of this Updated Scoping Study provide a basis to refine material inputs and enhance project economics for the Tumblegum South gold deposit.
The Murchison region is a gold hub, with many gold mines operational and gold processing capabilities.
Figure 1: Location map and relevant infrastructure in the area
Figure 2: Regional geology
