Aragon is focused on discovery and development of the Central Murchison Gold Project (CMGP) located between the towns of Mt Magnet and Cue approximately 600km north-east of Perth, Western Australia. The CMGP includes the historic mining centres of Day Dawn, Cuddingwarra and Murchison Bell and contain current JORC resources of 1.49 Moz. This core asset is the focus of exploration activities and provides Aragon with an excellent opportunity to potentially develop profitable mining operations.
In addition to CMGP Aragon’s quality assets also include the high grade gold prospects of Cables and Mission at Lake Darlot, the exciting new conceptual nickel prospect east of Kambalda at Lake Lefroy and the extensive shallow phosphatic beds at Ammaroo in the renowned Georgina Basin of the Northern Territory.
The Company has also made a strategic investment into Vital Metals Ltd (‘Vital’). Vital is a specialist tungsten and tungsten/molybdenum explorer and aspiring mine operator focusing its efforts at the Watershed Tungsten Prospect in Far North Queensland with a Total Identified Mineral Resource Estimate of 15.1 million tonnes at an average grade of 0.46% WO3.
Our objective is to increase shareholder wealth by the discovery of economic mineral deposits and the development of profitable mining operations.
Aragon Resources is traded on the Australian Stock Exchange. Ordinary fully paid shares in Aragon are traded under the code AAG and options are traded under the code AAGO.