Swan Gold Mining Limited (ASX: SWA) is a uniquely positioned gold exploration and production company, and 100% owner of the Davyhurst Gold Project in the highly prospective Eastern Goldfields region of Western Australia.
Davyhurst is located 120km north-west of Kalgoorlie and is host to multiple gold deposits; total resources are 1.4M oz at an average grade of 2.5 g/t. The tenements are also highly prospective for Nickel and Copper deposits.
With existing processing infrastructure in place, including a 1.2Mtpa processing plant, two camps (Davyhurst Central and Mt Ida), mains power and working borefields; and significant exploration upside from its large tenement position (1,420 square kilometres, 150km strike length), Swan Gold is well placed to become a low cost gold producer in the medium term.
Swan Gold is governed by a Board of Directors with deep experience in the resource and finance sectors, led by Chairman Mr Michael Fotios.