• The geology has a number of rhyolite intrusive's of Middle Devonian age known to host substantial gold and deposits such as Mt Morgans and VHMS
• Within the 170km2 license historic records show evidence of gold, copper, molybdenum and platinum mineralisation in a number of geologic settings
• A single historic assay recorded 23 g/t which requires immediate follow-up to potentially find additional high grade gold mineralisation
• Limited drill data exists for this greenfields project but the unit is highly prospective for copper and gold

• High Grade Gold Intersections including 5m @ 4.06m from 22m, 2m @ 9.2 from 4m and 1m @ 7.02 from 81m. Drill ready RC and RAB targets
• Pedigree geology - within 25 km of the 8 MOz Wallaby Gold deposit, 3 MOz Mt Morgan's and the 3 MOz Granny Smith deposit
• Detailed magnetic and geochemical dataset to evaluate
• Hosts a JORC compliant Nickel resource of 5 million tonnes at around 1% nickel and cobalt creditsPotential to expand this to around 100 Mt Nickel at 1%

• High grade silica sand Si02 99.8% occurring in the ground. Si02 can be upgraded to 99.995% after a simple washing process with low impurities.
• Easy access to Kwinana Port less than 130kms from site. Can be bulk loadad
• Estimated size of resource to be at least 40 million tonne (NON JORC)
• Surface Mining to 4.5m depth allows for a cheaper operation

• Six granted, contiguous mineral claims in the S-SW of the Athabasca Basin comprising 5,381 ha
• Claims are bordered to the NW by Areva Resources Canada and to the SE by NexGen Energy Ltd. This project is located approximately 40 km from the Patterson Lake deposit.
• The Project is located within the Manitou Falls Formation. The Manitou Falls Formation is the host for many of the basement unconformity related uranium deposit in the Athabasca Basin.
• No renewal costs or minimum spend commitments for two years (ending September 2017)

• World largest JORC Resource of Vanadium and Molybdenum
• 5.3 billion tonnes @ 0.375% vanadium oxide and 295g/t molybdenum oxide
• Potential to affect the market supply and demand fundamentals
• Tier 1 asset potential

• High quality Zn-(Pb-Ag) project located in the World-Class base metal province of Western Tasmania. Sealed road access and only 20 km to rail link with direct line to bulk shipping port.
• Existing near-surface resources defined at two deposits, both with excellent potential to increase resource size. Significant upside to discover new deposits with multiple exploration target areas.
• Project boasts a large exploration database from previous explorers including >10km diamond core and >13km air-core drilling, plus geophysical surveys, and metallurgy work.
• Drilling results include: 9m @ 7.9% Zn from 4m. 27.9m @ 4.8% Zn from 0m. 15.2m @ 10.4% Zn from 124m, & 8.4m @ 13.9% Zn, 8.5% Pb from 154.5m;

• Comprised of 10 granted mining leases (ML’s)
• Immediate resource/cash flow is available from 100 000t (already mined) stockpile @ .7 p/t Sn
• Located 85km south west of Chillagoe, which is 200Km south west of Cairns. Close to operating tin mines.
• Past reporting indicates approx. about 1 million lcm (1.7 million tonnes) of alluvial material containing approximately 430 g/t Sn (0.3 kg/m3 SnO2)

• Gold grade = 0.24 grams per cubic metre. 60million cubic metres of material. This results in >12 million grams of gold, or 394,000 oz gold
• This project comprises 6 tenements across 425 square km, being, two granted ML’s , one MLA, and three granted EPM’s.
• Located in a historic gold mining area in North Queensland, 200km north west of Cairns
• Mobile concentrator/processing plant designed specifically for the area also available for sale.

• Snowden Mining Consultants completed an independent valuation in 2014: they arrived at USD$34m and IRR of 32%.
• The project becomes cash positive in year 2 of operations.
• Consists of 27 tenements over 660 square kilometres, and comprises 8 granted ML’s, 11 ML’s under application, and 8 Granted EPM’s
• Minimal Capital for infrastructure required: there is a pre-existing mine camp.

• Valued at close to US$100m based on independent valuation by Snowden Mining Consultants done in 2014. Ag and Au credits also exist-not included in valuation.
• Proximal to Mungana's Red Dome copper porphyry mine in Chillagoe, in Far North Queensland. Tenement package consist of three granted EPM’s, across 350 square km.
• Adjacent to regional town with existing workforce and infrastructure - no requirement for construction of a mine camp.
• Past reports mention potential resource of 100mt, and during past mining activities they recovered Cu grades ranging from 0.8% to 5.3%, averaging 1.5%

• 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.