Mt Magnet Projects

Mt Magnet Projects

Historically, the Mt Magnet district has produced approximately 6 Million ounces of gold since gold was first discovered in the late 1800’s.

Both the Coolaloo and Winjangoo Projects have received minimal modern and systematic exploration, historically forming smaller projects within substantial regional landholdings by previous explorers.

Activity in the region is at multi-year highs with Westgold Resources recently recommissioned the Tuckabiana Gold Mine, approximately 30km NE of Winjangoo in the northern arm of the greenstone belt and the Kirkalocka Mine to the South of Coolaloo.

Within Mt Magnet, Ramelius Resources continues to prove the huge potential of the region with deeper systems including the Eridanus Resource of 20Mt @ 1.2g/t Au for 760,000 Oz.  

(ASX announcement 13th Sept: Denver Gold Forum Presentation with Eridanus drill result)