Riversgold has progressed its Mining Lease application for the Northern Zone Gold Project, located near Kalgoorlie, Western Australia. The Western Australian Department of Energy, Mines, Industry Regulation and Safety has set May 29, 2024, as the ‘Section 29 Closing Date’ under the Native Title Act. The company considers this an important step towards converting the Northern Zone Gold Project from a Prospecting Licence to a Mining Lease. Riversgold has appointed legal advisors to assist with Native Title Act negotiations and will provide updates on the tenement status as developments occur. The company is targeting an early production scenario, supported by drilling results indicating a shallow and extensive gold system. Leapfrog modelling suggests further expansion of the mineralised zone, guiding future drill programs. Additionally, Riversgold is assessing processing options, drawing comparisons to Saturn Metals’ Apollo Hill Project, with the potential for a large-scale heap leach operation. The company intends to conduct further assessments before establishing a maiden mineral resource estimate. Separately, Riversgold has identified a 12-kilometre-long gold trend at the Tambourah Project, with high-grade rock chip results up to 101 g/t gold. Several prospects, including Logans Find, Lone Star and Trafalgar, have been identified for further exploration. #Riversgold #Mining #GoldExploration #WesternAustralia #Kalgoorlie #MiningLease #GoldProject #NativeTitle #Exploration #HeapLeach #Drilling #MineralResource #TambourahProject #GoldTrend #RockChipResults #MiningNews #ResourceEstimation #Investment #AustralianMining