Ausgold cracks 3Moz at Katanning

THE underexplored Lake Grace Terrane might not be as unfashionable an exploration destination for much longer, with Ausgold delivering yet another resource update, declaring its Katanning project is now unquestionably the largest free-milling, open cut gold development project in Western Australia.

Ausgold cracks 3Moz at Katanning Ausgold cracks 3Moz at Katanning Ausgold cracks 3Moz at Katanning Ausgold cracks 3Moz at Katanning Ausgold cracks 3Moz at Katanning

Katanning has a limited gold legacy but plenty of upside

The explorer has spent more than a decade on the 5500sq.km project, taking resources from 400,000 ounces in 2012 to 3.04Moz at 1.06 grams per tonne, having cracked 1Moz in 2018, and 2Moz in 2022.

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