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CITIGOLD CORPORATION LIMITED

Metals & Mining, Gold

Citigold Corporation Limited is an Australia-based gold development and exploration... Citigold Corporation Limited is an Australia-based gold development and exploration company, which is focused on operating the core high-grade Charters Towers goldfield in northeast Australia. It has exploration ground holdings at Charters Towers outside the gold deposit and the overall Central Goldfield area. The Company’s prime focus is the high-grade Charters Towers Gold Project, which comprises an approximately 14-million-ounce gold deposit, with an inferred mineral resource of approximately 32 million tons at 14 grams per ton gold and 620,000 ounces of gold in the probable ore reserve. The Company's Charters Towers goldfield is located surrounding the town of Charters Towers in northeastern Queensland, Australia. The Charters Towers gold mines are situated approximately 128 kilometers southwest of the coastal city of Townsville and have port, rail, road, and air connections. Its mineral exploration and production tenure covers approximately 17,500 hectares.More

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