Golden Mile Resources Ltd (Golden Mile; ASX: G88) is a Western Australian based resource company with an advanced critical metals project and multi-element exploration projects located in the Eastern Goldfields, Murchison, Pilbara, and South-West regions.
The Company’s flagship project is the Quicksilver Nickel-Cobalt Project, located near the town of Lake Grace (~300km SE of Perth) on privately owned farmland in an area with excellent local infrastructure. The Project is an oxide clay hosted Nickel-Cobalt deposit with an Indicated and Inferred Resource of 26.3 Mt @ 0.64% Ni & 0.04% Co (cut-off grade >0.5% Ni or >0.05% Co). Further to the defined Resource, Quicksilver has confirmed mineralisation of Rare Earth Elements (REE’s) and high-grade scandium (Sc) within the Resource envelope as well as gold.
Golden Mile’s secondary value driver is through its 100% owned, highly prospective Yuinmery gold project located in the Goldfields region of Western Australia. Golden Mile is also focused on tactical
alliances with joint venture partners to maintain exposure without expense to strategic assets such as its Leonora JV (Kin Mining earning up to 80%) Project and Gidgee JV (Gateway earning up to 80%).
Golden Mile is focused on creating shareholder value and its Board has a proven track record of exploration, development and production success.
Golden Mile Resources Ltd (ASX: G88) owns the Quicksilver nickel-cobalt project located about 280km south east of Perth; a significant landholding over the Narndee-Igneous Complex in the Murchison region called the Yarrambee Project which is prospective for Ni-Cu-PGE and Cu-Zn mineralisation; lithium projects in the Murchison and Marble Bar areas; and gold projects in the North Eastern Goldfields of Western Australia.