Dampier Gold Limited is a gold exploration and mining company with two major projects, which include a farm-in Joint Venture on the K2 Gold Mine in the East Murchison Goldfields in Western Australia. For K2, Dampier has the right to earn a 50% interest in the project for the expenditure of up to a maximum of A$3M.
In addition, Dampier 100% over ~800 km² of exploration tenements covering several ancient paleo river channels in the Kimberley Region of Western Australia, referred to as the Ruby Plains Placer Gold Project Ruby Plains are considered prospective for older (Tertiary circa 50Mya) biogeochemical enriched gold deposits and younger (Quaternary circa 3Mya) quartz pebble conglomerate and gravel placer deposits similar to the Californian Goldfields. The historical Halls Creek Goldfield lies to the north west which is believed to be the potential source of gold in the paleo-channels at Ruby Plains.
The K2 gold deposit is located in the north-eastern part of the tenement block which comprises the Plutonic Dome Project, approximately 180km south of Mount Newman and 30km north of Sandfire’s Degrussa copper gold mine.
The Ruby Plains Gold Project covering more than 800sqkm of tenements, is located approximately 340km SSW of the regional town of Kununurra and 70km SSE of the historic gold mining town of Halls Creek, in the East Kimberley region of WA.