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Gold Road Resources Ltd

Gold Road Resources produces first gold bars from nation's newest gold project

Gold Road Resources Ltd (ASX:GOR) managing director and CEO Duncan Gibbs updates Proactive Investors on a major milestone for the company with first gold bars poured at the flagship Gruyere Gold Project in Western Australia.

 

Three gold bars were produced in total.

 

“We produced more than 1,100 ounces in that initial pour and in the current gold market that gold is worth a little over $2 million,” he says.

 

The company expects Gruyere to produce 75,000 to 100,000 ounces of gold this year.

Quick facts: Gold Road Resources Ltd

Price: $1.31

Market: ASX
Market Cap: $1.15 billion
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