Read the text and determine if the sentence is true:

The Hill 50 Gold Mine is a gold mine located 4km north-west of Mount Magnet, Western Australia. The mine was, until July 2010, owned by Harmony Gold and had been placed in care and maintenance since 2007. In July 2010, Harmony sold the mine to Ramelius Resources, owner of the Wattle Dam Gold Mine, for A$40 million.

Sentence: The Hill 50 gold mine is located 4 miles of mount Magnet.
Yes