Gold Road Resources

Gold Road is a mid-tier Australian gold producer and explorer with a Tier 1 mine and exploration projects across Australia. Gold Road was established in 2005 and listed on the ASX in 2006. From start-up, the Company’s focus was on greenfields exploration until the discovery of the Gruyere gold deposit in 2013. In 2016 Gold Road agreed a 50:50 joint venture on the project with Gold Fields Limited. Following the mine development from 2017 to mid-2019, Gold Road now have a 50% non-operating interest in the world-class long-life gold mine, together with its joint venture partner. Gruyere is one of Australia’s largest and lowest-cost gold mining operations with all ore currently sourced from a single open pit mine, and has a current mine life to 2032. The Gruyere JV (Gruyere and Golden Highway Deposits) hosts Open Pit Mineral Resources of 6.69 million ounces, and Ore Reserves of 4.05 million ounces (100% basis). At 31 December 2022, Gold Road‘s attributable Mineral Resources total 4.79 million ounces and attributable Ore Reserves total 2.02 million ounces . Gold Road have 100% owned exploration projects in the underexplored and highly prospective Yamarna Belt that hosts the Gruyere gold deposit, located approximately 1,200 kilometres north-east of Perth and 200 kilometres east of Laverton in Western Australia’s north-eastern Goldfields. Following the acquisition of DGO Gold in mid-2022 and new exploration tenement applications, Gold Road now has exploration tenements across Western Australia, South Australia and Queensland covering more than 18,000km² Gold Road’s exploration strategy is to deliver new value-adding, economic gold deposits that could be developed as standalone mining operations driving the creation of shareholder value through organic growth.