Mining Capital FundsMCF Mining Approvals Index

Data as at 18 October 2026 · from Western Australian Government registers and open data

Western Australian mining project · Care and Maintenance

Polar Bear Gold

Polar Bear Gold is a Western Australian mining project (in care and maintenance) in MINEDEX, owned by Westgold Resources Limited 100%; Polar Metals Pty Ltd; S2 Resources Ltd; RNC Minerals; Karora Resources Incorporated, on 13 current tenements held by KARORA (HIGGINSVILLE) PTY LTD; POLAR METALS PTY LTD. Commodities: Gold, Silver, Nickel, Platinum, Palladium, Copper.

MINEDEX project
J04154
Stage
Care and Maintenance
Owners (MINEDEX)
Westgold Resources Limited 100%; Polar Metals Pty Ltd; S2 Resources Ltd; RNC Minerals; Karora Resources Incorporated
Tenement holders
KARORA (HIGGINSVILLE) PTY LTD
POLAR METALS PTY LTD
Parent groups
Westgold Resources
Commodities
Gold, Silver, Nickel, Platinum, Palladium, Copper
Rehabilitation liability
Its rehabilitation liability is in the MCF Mining Index (subscribers): the Mining Rehabilitation Fund estimate, its trend since 2014, company provisions and closure-plan costs

Resources and reserves

CommodityResourcesReservesLatest estimate
Gold0.16 Mt at 1.31 g/t, 6,848 oz contained0.19 Mt at 1.50 g/t, 9,034 oz contained30 June 2026

Current MINEDEX estimates over all the project's sites; resources may include reserves. MINEDEX (DMPE), CC BY 4.0.

Mine closure plans

SiteOperatorLatest plan approvedPlan (PDF on GeoDocs)Closure year
HIGGINSVILLE GOLD OPERATIONS / MT HENRY - NORSEMAN PROJECTKARORA RESOURCES Pty Ltd5 July 2021MINE CLOSURE PLAN - HIGGINSVILLE GOLD OPERATIONS - J00152 / MT HENRY - NORSEMAN PROJECT - 2028
Baloo & Eundynie - Tracked ChangesAvoca Resources Limited15 May 2020Baloo & Eundynie Mining Proposal Revision 3 Version 1 - Tracked Changes
Baloo ProjectKARORA (HIGGINSVILLE) Pty Ltd11 February 2019Baloo Project Mining Proposal
HIGGINSVILLE GOLD OPERATIONS : 40240METALS X Limited4 April 2018MINE CLOSURE PLAN - HIGGINSVILLE GOLD OPERATIONS - AUGUST 2016 - REG ID 10: 40240

Tenements

TenementHolderStatusExpiresCommoditiesHectares
M 15/506
Mining lease
KARORA (HIGGINSVILLE) PTY LTDGranted6 May 2032Gold, Silver776
M 15/507
Mining lease
KARORA (HIGGINSVILLE) PTY LTDGranted6 May 2032Gold, Silver346
M 15/597
Mining lease
KARORA (HIGGINSVILLE) PTY LTDGranted5 January 2034Gold, Silver593
M 15/710
Mining lease
POLAR METALS PTY LTDGranted9 August 2036Gold, Silver664
M 15/1814
Mining lease
POLAR METALS PTY LTDGranted11 July 2039Gold, Silver1,142
M 15/1873
Mining lease
KARORA (HIGGINSVILLE) PTY LTDGranted5 August 2041Gold, Silver80
M 63/662
Mining lease
POLAR METALS PTY LTDApplicationGold, Silver, Nickel, Platinum, Palladium967
L 15/382
Miscellaneous licence
KARORA (HIGGINSVILLE) PTY LTDGranted26 September 2039Gold, Silver15
L 15/386
Miscellaneous licence
KARORA (HIGGINSVILLE) PTY LTDGranted28 August 2039Gold, Silver274
E 15/1298
Exploration licence
POLAR METALS PTY LTDGranted30 July 2028Gold, Silver856
E 63/1142
Exploration licence
POLAR METALS PTY LTDGranted12 February 2027Gold, Silver, Nickel, Copper, Platinum, Palladium4,805
P 63/1593
Prospecting licence
POLAR METALS PTY LTDGranted9 June 2017Gold, Silver121
P 63/1594
Prospecting licence
POLAR METALS PTY LTDGranted9 June 2017Gold, Silver121