Why Prodigy Gold?
Strategic holding in one of Australia’s prominent gold provinces – The Tanami
- Holding a unique greenfields and brownfields exploration portfolio in the Tanami and Lake Mackay regions of the NT
- Working with some of Australia’s prominent exploration and mining companies in JV through the region (Newmont and IGO)
- Working predominately within the Northern Territory with a new head office located in Darwin to support this exploration work
Completed capital raising and supportive shareholders
- $11.65M gross proceeds from capital raising in October 2022
- $2.5M repayment of loan facility in October 2022 – Company now debt free
- 55.7% of the Company’s shares held by top two shareholders
Targeted exploration programs to identify new targets and to grow mineral resource base
- Over 1 Million ounces of Mineral Resources across three deposits in the Tanami Region
- Focused works on the Northern Tanami and the Lake Mackay projects with a balance of greenfield and brownfield activities
- Working closely with NTGS and NT Governments through the co-funded programs included in the Resourcing the Territory grants
Exposure to multiple committed JV partners
- IGO 70% JV partner on the Lake Mackay Base Metal Project and 30% JV partner on the Lake Mackay Gold Project
- Newmont to spend $12M to earn 70% of the Tobruk JV Project
- Newmont to spend $6M or define JORC inferred resource to earn 51% of Monza Project
- Old Pirate – Working with Stockton Mining on completion of a sales agreement
