Since the acquisition of Martabe in July 2009, G-Resources has added three new deposits to the resource base as well as a total estimated 2.15Moz of gold and 15.50Moz of silver, representing an increase of 36% in gold resources and 25% in silver resources. The Company has an exciting exploration programme. While the 2012 focus is on a drilling on the wider Contract of Work (“CoW”), a sulphide gold drilling programme and a porphyry copper exploration plan is being developed and drilling around the Martabe deposits continues.
Key areas for growth:
Martabe is situated in one of the world’s great gold and copper-gold mineral provinces. A geological setting fertile for large ore bodies.
CoW covers significant mineral district
Key areas for growth:
- Purnama Reserves
- Barani Reserves
- Ramba Joring Reserves
- Uluala Hulu Resources
- Tor Uluala Resources
- Purnama Timur Resources
- Horas Resources
- Other Deposits where Resources are yet to be defined
- Regional prospects such as Baning, Tango Papa, Gambir–Kapur, Golf Mike and Southern Corridor
- Near mine exploration targets
- Numerous new gold targets
- Additional regional targets show porphyry potential
Martabe is situated in one of the world’s great gold and copper-gold mineral provinces. A geological setting fertile for large ore bodies.
CoW covers significant mineral district
There is significant potential to extend the life of the mine and Mineral Resource base
