STRATEGY: FAST TRACKING ADVANCED ASSETS
The PVW team has a track record of quickly accelerating assets to production and intends to leverage existing relationships to rapidly drive PVW to production.
By targeting projects which have already incurred operating expenditure from past owners who deferred larger scale production due to timing and market concerns, PVW is well placed to utilise its extensive team experience to fast track these projects from exploration to production cash flow.
PVW has acquired projects with existing project data previously mined on a small scale so that the Company can apply its extensive commercial experience to fast track to production and cashflow.
PVW’s land portfolio is 1,000km2 in Western Australia with diverse geological and geographic potential. Existing project data indicates known high-grade gold mineralisation highlighted in the Independent Geologist Report with current and historic production in proximity to other operations.
The Company has 3 substantial prospective tenements:
- Mt Clifford
- Gordon Sirdar
Mt Clifford had been owned by the Williams family for over 30 years. The previous owners applied small scale underground methods to build a small mine shaft which collected approximately 2,000 ounces of gold over the past 10 years. PVW has now acquired the mining lease for Mt Clifford from the Williams family. Preliminary data suggests the land holds a significant amount of gold mineralisation in close proximity to other operations. There are no native title issues.
The initial focus is on rapidly progressing Mt Clifford to feasibility.
Given preliminary data and proximity to other operating gold mines, the Company expects efficient exploration expenditure and intends to rapidly progress to feasibility.
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