Welcome to Newfield Resources Limited
Newfield Resources Limited is a diversified exploration company with an advanced diamond project in Sierra Leone and several gold projects in Western Australia.
Allotropes Diamonds Project – Sierra Leone
The Company’s Allotropes Diamond Project in Sierra Leone comprises five granted exploration licences covering approximately 790km2.
The project is located in the southern Bo District of Sierra Leone and covers approximately 95km reach of the diamondiferous Sewa River. In addition to defining the alluvial diamond potential of the project area Newfield also plans to test the numerous high priority kimberlite targets that have been defined to date.
The exploration program to date has been conducted at the Golu Node, which is located on the northern side of the Sewa River in the central portion of the Baoma tenement (EL15/2012).
A Dense Media Separation (“DMS”) plant with a design capacity of 10 tonnes per hour with head feed rate of up to 40 tonnes per hour was successfully commissioned in March 2015. The DMS plant will be systematically processing bulk samples of prospective gravels as part of a planned exploration program.
Western Australian Gold Projects
The Company also owns the Newfield and Crest Yard Gold Projects in Western Australia.
The Newfield Gold Project is located at the northern end of the Southern Cross Greenstone Belt and covers the historical Newfield gold workings, which are sited along the Newfield Central Fault Zone.
A considerable strike length of the Newfield Central Fault Zone remains untested by drilling and represents a high priority target for future exploration.
The Crest Yard Gold Project is centred between the historical gold mining centres of Kintore and Dunnsville, located approximately 60km northwest of Kalgoorlie, Western Australia.
Exploration undertaken by the Company on the project to date has included an aeromagnetic survey, a detailed auger geochemical program and a first pass aircore drilling program. This work has defined several areas of bedrock gold mineralisation associated with zones quartz veining and alteration within the previously untested Doyle Dam Granodiorite.
Newfield continues to undertake planning for the second phase air core drilling program over gold targets at the Crest Yard Gold Project.
Both gold projects are located in an established mining province in Western Australia with excellent infrastructure and access. In the event of a discovery of a mineable resource on these projects, their location will facilitate an efficient development of mining operations.
The Company’s current board of directors and management include individuals with a blend of corporate and technical experience in the resource industry.
The Company is focused on adding value to both its diamond project in Sierra Leone and gold projects in Western Australia through systematic exploration and resource definition programs.