|
ACN 094 265 746
Gold One International Limited is a growth-oriented South African gold mining and exploration company, listed on the ASX Limited (Australian Securities Exchange) and the JSE Ltd (Johannesburg Stock Exchange) and is also traded in the United States on the International PrimeQX tier of the OTCQX market.
The company is progressing towards its goal of becoming a significant mid-tier international gold producer. Gold One has a pipeline of highly prospective gold projects, ranging from Modder East, which is currently under construction, to advanced and early stage assets located elsewhere in South Africa’s historical mining districts of the East Rand and Free State, as well as the greenfields Etendeka project in Namibia and the Tulo Concession in Mozambique.
The board of directors of the corporation comprises skilled and dedicated people with significant expertise in mineral exploration, development and mining operations. A revised feasibility study for the Modder East project was completed in September 2007 and development activities are underway, with production planned to begin in late 2009. Modder East is the platform from which Aflease Gold will achieve its vision of becoming a high margin, cost conscious international gold producer.
Gold One’s strategic objectives are to develop the high-margin Modder East gold mine, to advance its other low risk and near-surface assets, to generate cash flow to sustain further exploration and acquisitions, to grow both organically and through value accretive acquisitions, and to maximise shareholder returns through capital appreciation.
|