Citigold Corporation Limited (ASX:CTO)
Citigold Corporation Limited is an Australia-based gold mining and exploration company, operating on the Charters Towers Goldfield in north-east, Queensland Australia. The Company’s prime focus is the Charters Towers Gold Project, which comprises of approximately 14 million ounce gold deposit, with an inferred mineral resource of approximately 32 million tons at 14 grams per ton gold and 620,000 ounces of gold in the probable ore reserve. The Company's Charters Towers goldfield is located surrounding the town of Charters Towers in north eastern Queensland, Australia. The Charters Towers gold mines are situated approximately 128 kilometers southwest of the coastal City of Townsville. Its mineral tenure covers an area of approximately 175 square kilometers (17,500 hectares) centered around the heart of the Charters Towers goldfield.