Building Australia’s next great gold company
Doray Minerals Limited (ASX: DRM) listed on the ASX in February 2010. Three and a half years later it became Australia’s newest high-grade gold producer following the first gold pour, in August 2013, at its Andy Well Gold Project (Andy Well).
Doray’s second major asset is the Deflector Gold Project. The combined project of Andy Well and Deflector deliver a production of approximately 105,000 ounces Au (plus Ag & Cu credits), and an enhanced asset portfolio and project pipeline. Deflector commenced production in May 2016.
Doray is undergoing a transformational stage by growing its production base at its two Western Australian Gold Project’s, transforming into a multi-mine company.
There is substantial upside at Andy Well with the feasibility underway for the Gnaweeda project which has the potential to enhance the Andy Well mining operations. The potential to substantially grow the Deflector Ore body is also extremely encouraging.
The company has a highly prospective regional exploration project portfolio which is already delivering results.
The Company’s experienced Board and management team, with a track record of discovery, development and production, provides a strong foundation for Doray to continue its forward trajectory and develop its status as a leading mid-tier high-grade gold company.