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Gold Road Resources is fully-funded as it prepares first gold at Gruyere

Gold Road Resources Ltd (ASX:GOR) managing director & CEO Ian Murray updates Proactive Investors on the development of the company's Gruyere Gold Project as well as the extensive greenfields exploration being undertaken on the Yamarna Belt, 200 kilometres east of Laverton in Western Australia’s Goldfields.

“We’ve always been very focused on exploration across the Yamarna Belt; discovering Gruyere and finding a world-class deposit was that step-change... it's the largest gold project being developed at the moment in Australia,” Murray says.

He continues, “we are going to carry on focusing on exploration, together with our first gold production from the second quarter of next year. Gruyere is a very low-cost mining operation and will generate cashflow to fund further exploration.”

Quick facts: Gold Road Resources Ltd

Price: 1.705 AUD

ASX:GOR
Market: ASX
Market Cap: $1.5 billion
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