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Company News: Hillgrove Resources
Updated: 04 Nov 2010

Hillgrove Resources Limited is an Australian mining company listed on the ASX (HGO) focused on developing its Indonesian and Australian base and precious metals projects.

Targeting the discovery of world class epithermal gold and porphyry copper/gold deposits in Eastern Indonesia and developing its flagship project, the Kanmantoo Copper/Gold Mine in South Australia. Kanmantoo currently hosts a Mineral Resource of 32.2Mt (2.3Mt Measured, 22.5Mt Indicated and 7.4Mt Inferred) grading 0.9% copper and 0.20g/t gold. Having announced the Finance Investment Decision, construction will commence this month.  First production is targeted for late 2011 – Kanmantoo will be a 2.4Mt p.a. open-cut  mine.

Business Category Exploration; Mining
Regions of Operation South-East Asia; Australasia
Exchange Ticker HGO
 

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Suite 4103 Level 41
  • Australia Square Tower
  • 264-278 George Street
  • Sydney
  • NSW
  • 2000
  • Australia
 
 

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