Millennium Minerals Limited (ASX Code: "MOY") is an emerging metals company focused on the exploration and development of a large tenement portfolio in the East Pilbara region of Western Australia. The high-quality portfolio includes gold resources of 1.1 million oz and a secondary molybdenum project.
A previously completed feasibility study has been updated that shows a viable green fields gold project could be developed at prevailing gold prices and economic condition. The Nullagine Gold project offers the Company a significant opportunity to explore and develop a 475,000 ounce (Ore Reserve) open pit based operations providing a valued return to shareholders during a time of economic uncertainty.