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Gold Road Resources Ltd.

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Summary

Project:

North Yamarna

Deposit:Gruyere
Location:Australia
Commodities:Gold
Date:1/23/2017
Report Code:(Enviro)
Report Type:EIA/ESIA
Project Stage:Mine Development
Report details:23-1-2017: Gold Road Resources Ltd. announces an EIA/ESIA report for its Gruyere deposit at the North Yamarna project. Environmental approval received for Gruyere project at North Yamarna. Gold Road Resources Limited (Gold Road or the Company) is pleased
Resources:(Reserve, P+P): 91.57Mt @ 1.20g/t Au for 3.52Moz Au contained at Gruyere project total
CP/QP:[Overall Report]: J Osborne (Internal)
ABSTRACT:Gold Road Resources Limited (Gold Road or the Company) is pleased to provide an update on construction progress at the Gruyere Gold Project, a 50:50 Joint Venture with Gold Fields Ltd (Gold Fields), located 200 kilometres east of Laverton in Western Australia. Permitting and approvals for the Gruyere Gold Project (the Project) remains on schedule, with environmental approval now received from the Minister for Environment Hon. Albert Jacob MLA.Approval of the Project under Ministerial Statement 1048, subject to certain conditions, is the precursor to secondary approvals now being assessed by the Department of Mines and Petroleum, and Department of Environment Regulation. Gold Road Managing Director and CEO Ian Murray said: “Achieving environmental approval is an important milestone and clears the path for the Project’s Mining Proposal, Project Management Plan and Works approvals, all of which have been submitted. “We anticipate receiving these final approvals in February 2017, immediately following which we will commence construction of the processing plant and development work on the Gruyere open pit mine. I would like to acknowledge the commitment of the entire Gold Road and the Project team in delivering these milestones in a period of high activity and transition for the Project.

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