Very Interesting New Neighbour News.,
"Jindalee Resources Ltd (ASX:JRL) expects to expand its gold exploration tenure after it lodged an uncontested exploration licence next door to the 5.8-million-ounce Gruyere gold deposit in Western Australia.Gruyere is jointly owned by Goldfields (JSE:GFI) and Gold Road Resources Ltd (ASX:GOR) and attained commercial production at the end of September 2019.The gold operation is expected to produce 300,000 ounces of gold per annum for the next 12 years.The licence, E38/3461, immediately abuts the mining lease that contains the Gruyere deposit.The Dorothy Hills Shear Zone, the structure controlling the mineralisation at Gruyere, is interpreted to trend through the eastern part of E38/3461"
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- Ann: Yamarna Exploration Update December 2019
Ann: Yamarna Exploration Update December 2019, page-36
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