Northwest Resources positioned to advance Western Australian gold projects with partner

Northwest Resources has teamed uequipos de una planta procesadora pptp with Millennium Minerals in Western Australia, and the formal joint venture and related documents have been executed relating to their 50:50 Camel Creek Joint Venture

Under the joint venture gold produced from the Camel Creek deposits and all mining, processing and administration costs relating to the joint venture will be split 50:50. Millennium will manage the joint venture, where the company has forecast that mining will commence at the deposits in early 2015. Under the agreement, Northwest’s Camel Creek Trend gold deposits will be processed by Millennium through its Golden Eagle treatment plant, which is currently under construction. Golden Eagle is expected to start production later in 2012. Importantly with Camel Creek, the open pit deposits are a natural fit with Millennium’s nearby...