INTERNATIONAL Goldfields (IGL) has been granted three new mining leases, at the company’s wholly-owned Evanston project, located 150 kilometres north of Southern Cross in the Goldfields.
The term of each lease is 21 years and means all the company’s gold resources at Evanston are now held under granted mining leases.
A recent resource estimate of the Evanston project put the combined estimated mineral resource at 1.6 million tonnes, at an average grade of 2.3 grams a tonne of gold.
It has been three years since the company last explored two of the new leases.