Greenstone Resources Limited (ASX:GSR)
Greenstone Resources Limited (ASX:GSR) is a gold exploration and development company that owns the high-grade Burbanks Gold Project located in the Goldfields region just 9km southeast of Coolgardie, Western Australia.
Burbanks Gold Project
The Project was initially discovered in 1885 and has seen intermittent open pit and underground production over the past century. Despite this shallow and high-grade production, the Burbanks Mining Centre has seen limited exploration over the preceding decades, with the previous focus having been on small-scale and near-term cash flow opportunities, resulting in limited or no exploration below 250 metres along the 5.0km strike of the Burbanks Shear Zone.
Greenstone Resources is committed to unlocking this latent value, with an imminent focus on our flagship Burbanks Gold Project and the Company's under-explored gold portfolio surrounding Coolgardie, which also includes the Phillips Find Gold Project.
As part of the Mount Thirsty Joint Venture, Greenstone also controls 50% of one of Australia's most advanced cobalt-nickel projects.