Asset report

Davyhurst gold mine project

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Report summary

The mine was placed on care and maintenance by Croesus in November 2005 and subsequently sold to Monarch Resources for A$5 million in cash. Monarch re-opened a number of the open pits and these operations finished in 2009. The current owner, Swan Gold Mining Ltd, was formed following the re-capitalisation of Monarch by Stirling Resources. A total resource of 18.9Mt at 2.5 g/t Au is reported.

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    Davyhurst Project gold mine

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