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SCOTGOLD RESOURCES LIMITED - ASX: SGZ

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Scotgold Resources Limited is a highly focussed exploration company that offers investors the opportunity to participate in the increasingly attractive gold mining industry.

The key assets of the Company are...

1. An extensive gold, silver and base metal exploration database covering the Company’s Grampian Gold Project in Scotland;
2. The Cononish gold and silver deposit (100% Scotgold Resources) Measured, Indicated and Inferred Mineral Resource (JORC Compliant) categories total 154,000 ounces of gold and 589,000 ounces of silver (using 3.5 g/t gold cut-off); and
3. Three recently granted Exploration Licences (100% Scotgold Resources) covering about 2,200 sq km in Central Scotland.

The Company plans to carry out regional exploration activities within its large tenement position. A number of exciting gold prospects have been identified, including anomalous zones along the Tyndrum Fault Zone in Glen Fyne that represent high-quality, ready-to-drill targets for lode-hosted gold mineralization.

Scotgold Resources Limited has appointed an experienced Board of Directors and will also optimise its opportunities by engaging the services of specialist personnel, and by applying advanced technologies and the latest exploration methods.

Mine For

gold, silver

Location of operation(s)

United Kingdom

Address

63 Lindsay Street
PERTH, WA, AUSTRALIA

Phone

(61 8) 9428 2950

Email

Website

http://www.scotgoldresources.com/

Last Updated

01/03/2010

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.