Northern Zone is a pre-production gold development approximately 25 kilometres east of Kalgoorlie. Riversgold owns 80 percent after satisfying its exploration earn-in, and Oracle retains 20 percent. Mining lease M25/389 was granted on 2 July 2026 for 21 years, while MEGA Resources and Bain Global Resources agreed to fund development, mining, haulage and processing for 50 percent of project profit. The remaining profit is shared 80:20 by Riversgold and Oracle. Drilling supports a conceptual 200 to 250 million tonne exploration target grading 0.4 to 0.6 g/t gold, or 2.5 to 4.8 million ounces, but that range is not a compliant mineral resource and is deliberately excluded from mineral_estimates.
- Country
- Australia
- Commodity
- Au
- Stage
- Construction