New merged gold company aims for 800,000 oz by 2015

摘要

Smith said the company has a budget this year of spending between $US30-35 M in Turkey and that takes in the Cevizlidere copper-gold prospect and the Karakartai gold-rich copper porphyry and evaluation on some of the 82 exploration licences held in Turkey. In Australia, the spend would be between $US20-25 M and take in targets in the Higginsville region that extend from between St Ives (near Kambalda) down to Norseman, depth exploration at South Kalgoorlie and further work on depth extensions at Prog's Leg.