Norton Gold Fields Limited (Norton or “the Company”) is one of Australia’s largest domestic gold producers, with annual production of more than 170,000 ounces. The Company has a mining and processing complex in Western Australia’s world-class Kalgoorlie gold region, including a highly prospective tenement package of 766km² surrounding the 3.3Mtpa Paddington Mill.
Norton recently acquired the Bullabulling Gold Project near Coolgardie, including a series of granted mining leases, prospecting licences and exploration licences. Historically, Bulabulling was a near-surface open pit gold mining producer in the 1990’s. Norton aims to review and advance the project towards production.
Norton has Mineral Resources of 9.96Moz including 6.75Moz from the Paddington Operation and 3.22Moz from the Bullabulling Gold Project. Norton has gold ore reserves of 1.07Moz and a mine life in excess of ten years, with considerable exploration upside from more than 80 known prospects across its tenement package.
The Company also has the Mount Morgan gold tailings project in central Queensland.
Norton is well positioned in growing the business with the strong support from its major shareholder Zijin Mining Group Co., Limited.