Egan Street Resources Ltd (ASX:EGA)

Egan Street Resources Ltd (ASX:EGA)


Share Price
$ 0.20
Change
0 (0.00 %)
Market Cap
$25.44 m
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Egan Street Resources Ltd

Egan Street Resources Ltd (ASX:EGA) is listed on the Australian Securities Exchange.

EPIC: EGA
Market: ASX:EGA
52-week High/Low: A$0.315 / A$0.180
Sector: Mining
Market Cap: A$25.44M
Website: www.eganstreetresources.com.au
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Big picture - Why invest in Egan Street Resources Ltd


Egan Street Resources Ltd Snapshot

The Company was incorporated on 22 June 2010 as Auricup Resources Limited with an objective to identify and acquire precious and base metal projects and exploration interests. In June 2016 the Company was renamed Egan Street Resources Limited (EganStreet).

Rothsay Project – A Golden Opportunity.

Rothsay Project.

The Rothsay Gold Project is located approximately 300 kilometres north-north east of Perth, in the Southern Murchison region of Western Australia. The Rothsay Project covers an area of approximately 56.4 km2 comprising the Rothsay Tenements.

The Project has historically been partially exploited by shallow open-pits and underground mining techniques up until the early 1990’s.

In July 2011, EganStreet acquired the Rothsay Gold Project. Since that time the Company has compiled extensive historical data into a useable form as well as completed several exploration drilling programmes, which has resulted in the delineation of a 2012 edition JORC compliant Mineral Resource of 1.42Mt at an average grade of 8.8g/t Au for 401koz (Indicated 820kt @ 9.3g/t Au for 246koz and Inferred 600kt @ 8.0g/t Au for 155koz) and a production target of 936kt @ 7.0g/t for 200koz of gold produced.

The Company is focused on increasing the geological confidence of the Mineral Resource, expanding the known mineralisation and carrying out the necessary evaluation, modelling and feasibility studies to progress a potential near-term, low capital intensity opportunity to commence gold production.

Rothsay History.

Gold was discovered in the Rothsay Gold Project region in 1894. Historic gold produced totals an estimated 54,000oz. The Project was last mined by Metana Minerals NL, which ceased production in May 1991 after the gold price fell below US$360/oz.

Extensive underground development infrastructure from historical workings remains in place.

 

Last updated 9th October 2018

Julie Reid
Geology Manager
Geologist, BSc Geology MAusIMM, MAIG

Ms Reid has over 30 years’ experience in exploration and mine geology working throughout Australia, Indonesia and Vietnam covering a range of commodities within diversified geological terrain. Ms Reid has held a number of senior technical and management positions primarily within the Eastern Goldfields for various companies including Dominion, Mount Edon (Tarmoola), Pancontinental, Aurora Gold, Goldfields-AurionGold-Placer Dome Avoca (Higginsville & South Kalgoorlie Operations).


Richard Hill.
Chief Financial Officer
CPA, BCom, GDACG

Mr Hill is an accomplished finance professional with more than 20 years’ of experience in the resources sector, primarily in the gold industry. He was most recently CFO at WA gold producer Millennium Minerals and has held the positions of General Manager, Finance with ASX-listed Adamus Resources and Commercial Manager with Newmont Asia Pacific.


Jason Davis
Project Manager
MIEAust, BEng (Civil)

Mr Davis is an experienced engineer and project delivery professional with over 18 years’ experience in complex project delivery across a number of sectors in both Australia and the United Kingdom. His experience incorporates highly technical complex infrastructure projects including London Bridge Rail Station (Thameslink).


Jed Whitford
General Manager – Rothsay
BEng Resource Engineering (UWA) MAusIMM

Mr Whitford a mining engineer with over 20 years’ experience in mining. He has held senior roles in operations, site management, project development, project management, construction, business development, process safety and risk management. His extensive experience includes managing: feasibility studies, site construction, site operation and transition to care and maintenance / closure. He has worked with companies including WMC, GoldFields Australia, Lionore, Western Areas, Jubilee and Xstrata.

 

Last updated 9th October 2018

Registered Office

Suite 8, 77 Mill Point Road
South Perth WA 6151

Telephone: +61 8 6424 8130
Facsimile: +61 8 6500 9912
Email: [email protected]

Directors

Mr Barry Sullivan - Non-Executive Chairman
Mr Marc Ducler - Managing Director
Mr Lindsay Franker - Executive Director
Mr Hedley Widdup - Non-Executive Director
Mr Simon Eley - Non-Executive Director

Company Secretary
Mr Simon Robertson


Registered Office

Suite 8, 77 Mill Point Road
South Perth WA 6151

Telephone: +61 8 6424 8130
Facsimile: +61 8 6500 9912
Email: [email protected]
 

Postal Address
PO Box 476
South Perth WA 6951
Australia


Auditors

BDO Audit WA Pty Ltd
38 Station Street
Subiaco WA 6008
Australia


Lawyers

GTP Legal
+61 (08) 6555 1866
68 Aberdeen Street
Northbridge WA 6003
Australia


Share Registry

Computershare Investor Services Pty Limited
Level 11, 172 St Georges Terrace
Perth WA 6000
Australia

Telephone (within Australia): 1300 850 505
Telephone (outside Australia): +61 (03) 9415 4000

 

Last updated 9th October 2018

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