Gold

Gold

Gold

  • Consolidation of mines, stranded by lack of infrastructure.
  • Centralisation of production; hub and spoke model.
  • New gold plants at Tennant Creek and Pine Creek.
  • New gold storage facility at Darwin International Airport.
  • Reduces royalties to Western Australia and Perth Mint.
  • New royalty streams to NT; NT produces 600koz of Gold each year.
NT Bullion is exploring and developing stranded gold deposits in the NT and has designed and sourced construction of a 500,000 t/pa Gold Processing plant in Tennant Creek and Frances Creek.

NTB has negotiated with a number of Tennant Creek and Frances Creek gold miners to mill their ore. In addition to this third-party gold, NTB group has 250,000 ounces of Gold Resource which will further underwrite the commercial viability of the project.

NTB has entered into a $7m major strategic alliance with Australian Stock Exchange Listed Emerson Resources (ASX; ERM) to accelerate and consolidate one of the most prospective high-grade gold and copper districts in Australia south of Tennant Creek. Emmerson has invested $70m in exploring the 1,600sqkm area utilising the Northern Territory Government’s  Geophysics and Drilling Collaboration and includes a recent high grade gold discovery at the  Mauretania site outside Tennant Creek as well as the mines of White Devil, Warrego and North Star.

Northern Territory, Australia: June 4, 2003: Elevated view of Gold Mine processing plant in the desert of the Northern Territory

Other Projects Include....

Heavy mining trucks and excavator working on the iron ore opencast mining facility

Iron Ore

NT Bullion is exploring and developing stranded gold deposits in the NT and has designed and sourced construction of a 500,000 t/pa Gold Processing plant in Tennant Creek and Frances Creek.