• Granted mining leases. ML40084 - 60 hectares and ML20621 - 17 hectares
• comfortable self contained camp
• large fresh water dam
• some plant and equipment

• Up to 518.5ppb Gold in soil anomaly
• Proximal to the 37.29 million ounces AngloGold Ashanti's Geita gold mines.
• Extensive artisanal gold mining in the areas
• located in the historical gold producing region

• Widespread occurrence of Cu-Pb-Zn-Ag mineralisation centred on a cluster of historical mine sites
• Comprehensive surface exploration by past explorers but very limited drill testing mean this near surface porphyry target is poorly explored
• Encouraging granite hosted intercepts including 17m at 0.43pct Cu, 1.67pct Pb, 2.93pct Zn, 84gpt Ag from 108m
• Approximately 359km2 held under two exploration licence applications in a favourable setting in North Queensland

• Widespread occurrence of Cu-Pb-Zn-Ag mineralisation centred on a cluster of historical mine sites
• Comprehensive surface exploration by past explorers but very limited drill testing mean this near surface porphyry target is poorly explored
• Encouraging granite hosted intercepts including 17m at 0.43pct Cu, 1.67pct Pb, 2.93pct Zn, 84gpt Ag from 108m
• Approximately 359km2 held under two exploration licence applications in a favourable setting in North Queensland

• Southern extension of the Fosterville gold belt and contiguous with the Fosterville gold mine tenements
• Disseminated fine grained sulphide hosted epizonal gold (Fosterville) type deposits overprinting mesozonal quartz vein type deposits.
• Drill targets of potential ore zone repetitions along strike established from scout drilling
• Tenement has numerous hardrock and alluvial gold prospects, with very limited previous modern exploration

• Estimated the total gold resources at 2.24Mt tonnes at 1.48 g/t for 106,517 ounces at 0.6g/t Au cut-off in 370 surface and underground drill holes.
• Underground access and development. Open pit and underground mining potential. High grade ore shoots open at depth and along strike.
• Fine grained gold-granite related deposit, with excellent metallurgical recoveries, including heap leach.
• Satellite gold prospects not yet drilled in large land holding of Exploration Licence

• Along strike from Gascoyne Resources' (ASX:GCY) undeveloped 1Moz Glenburgh deposit
• Minimal surface sampling in the 1990's demonstrated structurally controlled Au similar to GCY's deposit
• Highly prospective area of c.35km Au anomalous strike that has never been drill tested
• Two open, parallel >2,500x300m Au trends identified in 1990's up to 38ppb Au (average 9ppb Au against regional background of 1-2ppb)

• 58 kilometres strike length covering the Central Australian Suture(CAS)
• Surface assays up to 20.73g/t Gold, 13% Copper, 78g/t Silver, 2.6g/t Palladium
• Huge copper alteration halo
• Walk up drill targets

• Newly discovered gold area with walk-up drill targets delineated
• Surface gold assays up to 1oz per tonne
• Up to 22 kilometres of inferred strike potential yet to be explored
• High Infrastructure area adjacent to Koolyanobbing Iron Ore Mine, rail and roads

• Newly discovered surface gold assays up to 1oz per tonne
• High infrastructure region adjacent to Koolyanobbing iron ore mine
• There are a number of walk up drill targets
• New exploration licence application with 22 kilometres of inferred gold trend

• Bedrock conductors identified associated with mineralised linear magnetic units which outcrop as mafic-granulite and quartz-magnetite (metamophosed BIF).
• Outcropping mafic-granulite-amphibolite rocks associated with extensive linear magnetic anomalies terminating at a circular, 1.2km diameter magnetic high anomaly - possible mafic intrusion.
• Anomalous Au, arsenic and reports of gold having been mined in a reef up to 7m thick and 14 g/t Au, pre 1900s, within a Tropicana style setting.
• New discovery of a Fe rich metamorphosed BIF - Southdown type. 48% Fe average for 5 samples taken across extensive width - strike extent unknown.

Added 01/08/2014, viewed 351 times.