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"Castlemaine Goldfields has an excellent mix of successful exploration and production activities. With accelerated gold production at Ballarat, several other highly prospective gold tenements and world class mining facilities, the Company is well-positioned to take advantage of the strong gold price."

- Matthew Gill, Managing Director and CEO

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  • Five projects with clear growth profile and strategies for value creation
  • Gold production from Ballarat set to increase to an annualised rate of 50,000oz per annum, supported by a strong asset base and lease position
  • Identified potential ore sources sufficient for initial years of gold production through 15,000m of underground diamond drilling conducted in 2010
  • Sound cash base to move towards commercial production
  • Low capital entry cost (<$10m). No debt. Fully funded. No hedging to take advantage of the strong gold price
  • Highly experienced board and management team