Welcome to our holding page – our new website is coming in December 2020
Our principal asset is the Kathleen Valley gold project in Western Australia. The project is located in the prolific Wiluna-Norseman gold belt which hosts several world-class mines owned by a number of premier Australian gold companies including Northern Star and St Barbara. The Kathleen Valley gold project has been discovered next door and on strike to recent discoveries by ASX-listed Bellevue Gold, a company that has made substantial discoveries in the region. We hold other nickel and cobalt assets in Western Australia including a JORC inferred resource of 3.8 Mt Nickel-Cobalt project and one copper-gold project in Argentina.
On 16 November 2020, it was announced that New Generation Minerals Limited has entered into heads of agreement with Mila Resources Plc, a public company listed on the London Stock Exchange, in relation to a proposed reverse takeover of Mila. Our focus is to list NGM as soon as possible and to continue to drill in Western Australia to build out our gold resource in this highly prospective region.