logo-loader
ASX:KWR

Kingwest Resources Ltd

Receive alerts
Market:
ASX
Market Cap:
$15.85 m
Price
0.13 AUD
Change
0.00%
52 weeks high
0.38
52 weeks low
0.07

Kingwest Resources Ltd (“Kingwest”) is a mining and explorations company focused primarily on gold exploration in the Eastern Gold Fields Region of Western Australia. It will aggressively explore for and extract gold in a mix of advanced, intermediate, and greenfield projects within this highly prospective district. 

MENZIES PROJECTS

The Menzies area is comprised of multiple mining license, and prospecting licenses. The Menzies area comprises multiple prospects including: Lady Irene, Selkirk, First Hit, Pericles, Lady Shenton, Lady Harriet and Yunndaga.

LOCATION AND ACCESS

​The regional town of Menzies is located 130 km north of Kalgoorlie and is reached via the sealed Goldfields Highway.

The Menzies area is made up of a granite-greenstone assemblage, dominated by granitoid and granitic gneiss (Groenwald et al. 2000). The sequence is located within the north northwesterly trending Norseman-Wiluna greenstone belt of the WA Archaean Yilgarn Province. The greenstone belt is a northern extension of the sequence comprising the Bardoc Tectonic Zone, which lies to the south of the Comet Vale Monzogranite. Outcropping Archaean rocks comprise a minor part of the landscape, whilst much of the area is covered by regolith and Cainozoic sedimentary deposits. The Project covers an area from about 4km to the north and about 11km to the south of Menzies wholly within a NNW trending greenstone belt. The

Menzies goldfield is ~10km long being ~8.5km from Selkirk to Yunndaga and all in a mafic package with ultramafics further west, with Lady Irene being located further north. The area show extensive faulting, mainly NE/SW, however, multiple generation of faults occurs and shows intense displacement.


GOONGARRIE PROJECT

LOCATION AND ACCESS

​The Goongarrie area is located 100 km north of Kalgoorlie and is reached via the sealed Goldfields Highway. Kalgoorlie has a sealed airstrip and is serviced by regular flights to and from Perth.

PROJECT SUMMARY

The project is located on granted Mining, Exploration and Prospecting licenses forming a contiguous land package of over 20km of strike situated 40km south of Menzies in the Eastern Goldfields of Western Australia.
 
The project is located at the northern end of the Bardoc Tectonic Zone (“BTZ”), a major greenstone belt between Kalgoorlie and Menzies within the Kalgoorlie Terrane of the Archaean Yilgarn Craton. The tenements border the western edge of the BTZ with all deposits on or adjacent to a major NNW trending strike parallel shear zones varying in intensity from 20-200m wide. This trend continues to the Company’s Menzies gold project area to the northwest.

The Goongarrie gold project was first mined underground when the area was discovered in 1893 and modern mining and exploration was conducted in the 1980s by Julia Mines Ltd leading to the completion of 4 shallow oxide open pits that produced ~35,000 oz from shallow open cut mines until 1989. Exploration has been conducted by a number of small companies since with the most recent work in 2011/12 by Cove Resources demonstrating the potential for further mineralisation both along strike and below the very shallow historic mines.

Recent drill intercepts returned:

  • 21m at 3.5g/t Au from 33m
  • 43m at 1.6g/t Au from 71m
  • 4m at 14.9g/t Au from 38m
  • 57m at 1.23g/t Au from 31m (incl. 3m at 7.2g/t)
  • 3m at 12.9g/t Au from 10m
  • 22m at 2.0g/t Au from 52m

Further to the South within the prospect area is the Goongarrie Lady deposit which has a JORC 2012 Compliant Resource of 0.27Mt @ 2.9g/t Au for 23,900oz.

Intermin Resources also completed a Feasibility Study showing positive economics results and generating a maiden JORC (2012) Ore Reserve of 0.135Mt at 2.94g/t for 12,700 oz.


Leonora Projects

CRAWFORD AND GAMBIER LASS NORTH PROJECTS

The Crawford project is comprised of a single mining license M37/1202 covering an area of 8.9 km2, and three prospecting licenses P37/8901 – 8903 covering 2.0 km2 each. The Gambier Lass North project area covers a single exploration license E37/893 of 26.3 km2.

LOCATION AND ACCESS

​The regional centre of Leonora is located 260 km north of Kalgoorlie and is reached via the sealed Goldfields Highway. Leonora has a sealed airstrip and is serviced by regular flights to and from Perth.

(click here for more information on Leonora Projects)

 

Last updated 18th September 2019

ADRIAN BYASS
NON-EXECUTIVE CHAIRMAN

Adrian is a resource and economic geologist with over 20 years experience in the mining industry both in listed and unlisted entities globally. Adrian is a Non-Executive and Executive Director of various listed and unlisted mining entities, which have transitioned to production in bulk, precious and speciality metals around the world. Adrian is currently on the Boards of ASX lead-silver, phosphate, nickel and lithium  companies. Adrian has ASX and AIM Board experience and specialises in identifying assets that offer strong investor upside.


JON PRICE
NON-EXECUTIVE DIRECTOR

Jon is a highly regarded metallurgist with over 25 years experience in Australia and overseas across all aspects of the industry including exploration, development, construction and mining operations in the gold and advanced minerals sectors. Jon is currently the Manging Director of Horizon Minerals, a West Australian focused gold development company.  Jon graduated as a metallurgist and holds a Masters in Mineral Economics from the Western Australian School of Mines. He then worked in various gold and advanced mineral operations including general manager of the Paddington gold and St Ives gold operations in the Western Australian goldfields.
More recently, Jon was the founding Managing Director of Phoenix Gold Ltd, currently being acquired by Evolution Mining Ltd. During his tenure, Jon oversaw the reconsolidation of under explored tenure in the Western Australian goldfields and realised significant exploration success.


STEPHEN WOODHAM
NON-EXECUTIVE DIRECTOR

Stephen has over 15 years’ experience in mining and exploration across Western Australia and New South Wales, specialising in field logistics and support and land access in rural and remote environments. He has an extensive track record in logistics, tenement acquisition, land access, mining investment, and commercial and cross-cultural negotiation. 

Stephen has secured projects that have resulted in significant gold discoveries in NSW. He has owned and operated a drilling company which operated 8 drilling rigs. Stephen was also a founding Managing Director of Centaurus Resources, a founder and principal of Southern Cross Technical & Field Services, a Managing Director of Tellus Resources, a founding director of the ASX-listed YTC Resources Ltd (now named Aurelia Metals), and a founding director of LFB Resources which was taken over by Alkane Resources.


STEVE BROCKHURST
NON-EXECUTIVE DIRECTOR

Steve is currently Managing Director of Mining Corporate, and holds over 16 years’ experience in corporate and capital structuring, corporate advisory, ASX and ASIC compliance requirements, company secretarial services, and capital raising. 

He has been involved in the listing of numerous junior resources and  mineral exploration companies on the ASX in the past 15 years, and has served or continues to serve as Director and or Company Secretary for many of these companies. This currently includes serving as the Director of Estrella Resources Limited and Nelson Resources Limited.


ED TURNER
CEO

Ed is a geologist with 30 years of experience throughout Europe, South America, Africa and Australia in a range of roles encompassing base, precious and specialty metals for leading mining companies. Technical strengths include exploration, underground mining, resource estimation, feasibility studies and development level work. Ed was previously engaged as the CEO and General Manager of Exploration of Geology for Galena Mining Limited where he delineated the high grade Abra lead-silver deposit that is shaping up to be a highly profitable mine development.

 

Last updated 18th September 2019

​Level 11, London House
​216 St George’s Terrace
​​Perth, WA 6000 AUSTRALIA

Phone: ​+61 8 9481 0389
Fax: ​+61 8 9463 6103​
Email: ​[email protected]