The Radio story

The opportunity

Next steps

The Radio mine site is located 8km north west of Bullfinch, Western Australia and within 5 hours driving to Perth.  During the period from 1918 to 1974, the under ground mining at Radio Gold produced over 71,000 ounces of gold at a grade of 38.5 grams per tonne.  The mine was worked to a depth of 100m and then activites ceased in 1974, upon a major flood in the area.  Mining work stopped as the gold price at the time of around fell from a high of over $800/ounce to around $440/ounce and rendered further activity uneconomic.

The mining leases have remain in private hands and not utilised since 1974 until Resources & Energy acquired it through the acquisition of Brigth Sun Enterprises Pty Limited.
The increase in gold prices since 2000 has brought into the focus the possibility of working the Radio mine along its original seam.  The mine site is also attractive as it is located 6km from the Copperhead Mine, which has produced over 1 million ounces of gold.

Mining leases covering an area of 9.8km ​2 around the original mine site have been granted.  Beyond the original mine, there are excellent potential areas for further exploration.  The leases, which are fully registered under Western Australia's MRF legislation, expire in 2036.

Radio is currently under development with bulk sampling continuing.