Crocodile Gold is a Canadian company with three operating mines in the Northern Territory and the State of Victoria in Australia.
At its Northern Territory properties, the Company has 3.175 million ounces of NI 43-101 reported measured and indicated mineral resources (51.849 million tonnes grading 1.89 g/t Au) and 2.14 million ounces of inferred mineral resources (36.352 million tonnes grading 1.80 g/t Au). These resources are inclusive of mineral reserves. (see the NI 43-101 compliant technical report entitled “Report on the Mineral Resources and Mineral Reserves of the northern Territory Gold and Base Metals Properties for Crocodile Gold Corp.” by Fleur Muller, Mark Edwards and Heath Gerritsen dated April 4, 2011, filed under the Company’s profile on SEDAR for the details regarding these mineral resource estimates).
At the State of Victoria properties, the Company has an additional 0.924 million ounces of NI 43-101 reported measured and indicated mineral resources (14.36 million tonnes at an average grade of 2.262 g/t gold) and 0.479 million ounces of inferred mineral resources (5.091 million tonnes at an average grade of 2.92 g/t gold) (see the NI 43-101 compliant technical reports entitled ““Preliminary Economic Assessment on the Big Hill Development Project, Stawell Gold Mine, Victoria Australia” prepared for Crocodile Gold Corp. by Mark Van Leuven BEng in Mining Engineering, MBA (Technology Management), FAusIMM(CP), Principal Mining Engineer for Mining One consultants of, Melbourne, Victoria and, Stuart Hutchin BSc, Applied Geology, MAIG, MAusIMM, Geology Manager for Mining One consultants of, Melbourne, Victoria, Australia dated January 25, 2013 (the “PEA”)” and “NI 43-101 Technical Report Fosterville Gold Mine, Victoria, Australia” prepared for Crocodile Gold Corp by James P Llorca of Mining Plus, and Neil Schunke of CP Mining dated April 9, 2012, each of which is filed under the Company’s profile on SEDAR for the details regarding these mineral resource estimates). These resource estimates are exclusive of mineral reserves which total 0.365 million ounces
Crocodile Gold has a significant and prospective land package in the Northern Territory and the State of Victoria. Crocodile Gold's main focus is on the advancement of the Big Hill Project at the Stawell Gold Mine and the development of the Maud Creek, Union Reefs and Pine Creek project areas. In both the Northern Territory and the State of Victoria, the Company has exploration programs in place designed to expand the resource base of each mine property. The Company has a combined land package in excess of 4000 km2.
The board and management of Crocodile Gold are experienced mine operators and developers with experience from some of the world's largest, most successful gold companies with a proven ability to develop and grow production for the benefit of the company's shareholders.