Intermin Resources has entered an agreement with Echo Resources to acquire the Anthill gold project northwest of Kalgoorlie-Boulder in Western Australia.
The project lies within the Zuleika Shear zone, covering 700 hectares.
It consists of one mining lease and one miscellaneous license for haulage.
Intermin’s managing director Jon Price said the acquisition aligned with the company’s strategy of consolidating major geological assets that have had limited modern exploration.
“The project is a fantastic addition to our portfolio and lies within multi-million-ounce gold camps on the Zuleika and Carnage shear zones where recent new discoveries have been made by the major producers in close proximity,” he said.
“Anthill had limited drilling with excellent results and we look forward to reviewing the data and commencing further drilling in this very exciting part of the WA Goldfields.”
This comes on the back of Intermin’s acquisition of the Kanowna North project and an exploration prospect at the Yarmony project in the Goldfields earlier this year.