An agreement to buy a 22% interest in an advanced gold project in Tasmania has been signed by Golden Shamrock Mines (TSE). The project, known as the Beaconsfield joint venture, is managed by Australian-based Allstate Explorations.
A known deposit on the property has a preliminary mineral resource of 930,000 tonnes (indicated and inferred) grading 23 grams gold per tonne in the Main zone and 230,000 tonnes (inferred) grading 6.4 grams in the low-grade margins of the deposit.
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