production was declared from 1 January 2013 . The Company produced approximately 64,000 ounces gold in 2013 . The current Ore Reserve as of March 2014 contains 464,000 ounces gold .
Nullagine Gold Project Millennium Minerals owns and operates the Nullagine Gold Project in West Australia ’ s East Pilbara region . Results from initial feasibility studies of the operation indicated the following : A stage one reserve of 10.45 Mt at 1.7g / t containing 567,000 ounces , using a cut-off grade of 0.5g / t , a mine life of seven years , producing 504,000 ounces from the process plant , and an ore reserve estimate totalling 16.3 million tons at 1.4 grams per ton for 741,000 ounces of gold .
The Nullagine Gold Project has just come off its first full year of gold production . “ We commissioned late September of
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