In the five years since Great Central Mines Limited (GCM) commenced exploration in the Jundee and Bronzewing areas of Western Australia's Yandal greenstone belt, the Company has been transformed from a junior explorer into Australia's fourth largest gold producer with annual production of approximately 440 000 ounces and mineral resources of seven million ounces of gold._x000D_
The growth in resources has been driven by a high quality geoscientific approach, supported by a substantial budget for drilling and strong management commitment. In 1997, the Company expects to spend US$30 million on exploration in the Yandal greenstone belt.