Classic Minerals is on the fast track to becoming a gold producer
Classic Minerals is an exploration and development company transforming itself into a gold producer. It is focused on gold deposits in Western Australia’s famous Goldfields region at Forrestania.
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Investor Snapshot
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Classic Minerals at a glance
- Resources
- 297,579 oz
- Landholding
- 500 km²
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Strategically located
Located within Western Australia’s famous Goldfields, in the heart of WA Southern Cross Forrestania Greenstone Belt with a known gold endowment of >10Moz.
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Highly promising gold portfolio
Forrestania Gold Project, which consists of the Lady Magdalene and Lady Ada Gold Projects.
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Significant exploration potential
Ongoing drill programs designed to increase Mineral Resource inventory. Significant exploration upside potential exists at all projects.
Project Locations
The Forrestania Gold Project hosts JORC (2012) compliant Mineral Resources of 6.95 million tonnes at 1.33 g/t gold for 297,579 ounces across the Lady Ada and Lady Magdalene deposits. The project sits within Mining Lease M77/1310 and represents the Company's core development asset.