Newfield Resources Limited is the owner of the Newfield and Crest Yard Projects located at the northern end of the prospective Southern Cross greenstone belt in Western Australia. Historical gold workings at the Newfield Project, mostly at surface, were limited to areas of outcrop and subcrop areas. A considerable strike length of the fault zone remains untested by drilling. Historical exploration over the Crest Yard Project with broad spaced auger drilling has outlined a 2.5 kilometre long gold geochemical anomaly which the Company considers a high priority gold target.
The Company’s projects are located in a mining province in Western Australia with excellent infrastructure and access. In the event of a discovery of a mineable resource on these projects, their location will facilitate an efficient development of mining operations.
The Company’s current board of directors and technical consultant include individuals with a blend of corporate and technical experience in the resource industry.
The Company is focussed on adding value to its current West Australian exploration projects. However, the Board will also actively invest in the review and assessment of new project opportunities, both in and outside Australia.