- Highly prospective for gold, nickel and base metals
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Located within the Keith-Kilkenny Tectonic Zone, host to gold mines such as 1.2Moz Carosue Dam
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Dominant land holding over 2,500kms
- Located between three gold development projects of Integra Mining, Saracen Mining and Silver Lake Resources
The Eastern Goldfields Project covers approximately 2,500kms consisting of five granted tenements and four pending exploration applications. The Project is located in the Eastern Goldfields of West Australia, approximately 80 km east of the major gold mining town of Kalgoorlie.
Carosue Dam is the largest mine in area having produced 1.2Moz of gold. Historical mining has produced over 10Mozs along the Keith-Kilkenny Tectonic Zone that passes through the Project area. Other resources in the area include over 7 million tonnes of nickel metal in both sulphide and laterite.
Significant gold production in the region includes Kalgoorlie with greater than 50Moz 80km to the west, Norseman with greater than 10Mox located 200km to the south, and Laverton with greater than 10Moz located 180km to the north.
Small discrete footprints characterise the orebodies mined in the Carosue Dam operation where mineralised blocks were 100-200m long and up to 40m wide, with grades of between 2-4g/t Au, this is the primary target of future gold exploration.
Numerous companies have conducted exploration programs within the Project area. Significant geochemical gold anomalies have been discovered by soil sampling, vacuum/auger sampling, and limited shallow RAB and air-core drilling. Additional nickel, platinum, palladium, and cobalt geochemical anomalies have been identified.
Limited drilling at geochemical anomalies has returned results up to 11m @ 2.15 g/t from 15m. Further drilling is required to fully test the mineralisation and source of the anomalies.
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