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SIGNATURE METALS LIMITED

ASX: SBL

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Description

Signature Metals Ltd is an Australian-listed gold mining company. Its flagship operation is Owere Mines, of which it owns 70%. Owere holds 100% of the Konongo Gold Project which has 192 km2 of contiguous concessions in Ghana's renowned Ashanti Gold Belt. The project contains 16 known old deposits along 12 kilometers of strike. JORC-compliant resources total 1.47 million ounces of gold in the indicated and inferred categories based on 23.4 million tonnes of ore at a grade of 1.95 grams per tonne. Over 1.6 million ounces of gold has been produced in the past at a head grade of 11.8 grams per tonne from a depth of down to 844 metres.

In March 2012, Singapore-listed LionGold Corp Ltd acquired a 76.22% stake in Signature Metals and has provided funding and technical expertise supporting Signature’s ongoing exploration and surface mining efforts.

Mine For

gold

Location of operation(s)

Ghana

Address

10 Woolshed Gully Drive
Mt Clear, Victoria, 3350, AUSTRALIA

Phone

(08) 9481 0101

Email

Website


Last Updated

24/6/2013

 

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.