PERTH (miningweekly.com) - ASX-listed Norton Gold Fields on...

PERTH (miningweekly.com) - ASX-listed Norton Gold Fields on Monday reported that it was
considering its options for the Mount Morgan project, in Western Australia, including the
possibility of divestment of the project.
The board of Norton has previously approved the development of the Mount Morgan project,
subject to funding availability.
The project’s 12-year life-of-mine estimate was based on a Joint Ore Reserves Committeecompliant
resource of 2.49-million tons, at 1.6 g/t gold and an inferred resource of 5.86-million
tons, at 1.07 g/t gold.
Stage 1 of the project life would involve the relocation and refurbishment of parts of the former
Kundana mill from Kalgoorlie to Mount Morgan. The plant has a one-million-ton-a-year capacity.
Average yearly production over the project's 12-year life of mine would be around 25 000 oz, said
Norton on Monday.