• Controlling position (40,000 hectares) in one of last unexplored Birrimian greenstone belts.
• Ten high value targets identified so far, all with gold visible at surface. Plenty of upside for discovering more targets in future.
• Four targets lightly drilled confirmed existence of gold mineralisation at economic levels. Around 140,000 ounces measured and indicated from surface
• Extensive geophysics (ground/air mag, IP) available. Drilling contractor nearby. Own Ground mag and IP equipment.

• Operating goldmine, 16 Granted Alluvial Au MiningLeases, 60sq klms exclusive rights to Exploration. Full Plant/equipment/established infrastructure/communication/roads&tracks/storage dams.
• Estimated Resource 1,650,000millionLCU;within ML's Average grade 0.3gr per m3. 97-98% assay
• 250klms NWCairns-4-5hr drive.Good access. Mareeba/Atherton Industrial hub.
• Historic Reports indicate hardrock potential. Significiant resource within Epm to be pegged

• Surveyed lease boundaries, Pre Mabo lease
• Proven Gold Reserves
• Wet and Dry Pant onsite. Easy start up for new purchaser
• Established camp

• Four ore deposits and two additional occurrences of a sole ore-bearing field
• Grades of gold - 2,5-36.1 g/t, silver - 200-650 g/t, antimony - 5.0-19.8%, arsenic - 4.5-21.0%, lithium – 0.12-0.31%
• Resources and the amount are approved by the State Commission on Mineral Reserves of the Former Soviet Union in Moscow
• The distance to the Black Sea port of Poti 250 Km. Kutaisi-Poti railway 90 km

• In the current gold producing zone, aligned with numerous current gold mines. High grade gravity recovered reef style gold
• Known historic mining site recorded inside with high Au grade located adjacent known high grade gold mineral resources
• High gold recovery with low cost processing by simple gravity treatment confirmed by metallurgical test
• Close to towns around and Sydney, with sufficient infrastructure

• Established Mine - Full plant and equipment including crushers, ball mill, shaker tables, wave table. Mostly gravity recovered gold
• History dating back to 1869, with historic workings and small scale operations mining high grade sediment hosted gold veins and breccias
• Structurally controlled high grade quartz reefs in the interpreted southern extension of the Lachlan Fold belt. Prospective Mathinna Bed mineralised corridor
• Surrounded by potential Exploration Lease

• Project centred in well recognised greenstone belt in Gwanda. 22 Claims cover 500 acres.
• Mineralisation of at least 5 Claims indicate high grade resources. Has been mined by small scale miner over 20 years with continuous production since then.
• Exisitng 300,000 ton dump showing 2.5 g/t. will provide immediate cash flow Much of the Claims have not been explored.
• Proximate to large scale miner. Under new Foreign Investment laws Zimbabwe permits 100% foreign ownership of AU projects.

• The project covers old copper cobalt workings going 24 % copper and 2.5 % cobalt and 1.8 grams gold. One of a few sulphide cobalt prospects available to explore
• Old lead silver gold workings with a small of tonnage of silver lead ore mined , best gold assay 13 grams per ton
• Recent rock chip and soil sampling programmes have found extensions of these systems with very good assay results from ALS perth
• This is a very exciting prospect for Cobalt , copper , lead , zinc , silver and gold ,

• Graphite known Province 4 diamond holes drilled call intersected Graphite up to 34.9%. 3 Exploration Licences
• 17 ready to drill targets identified. Previous shallow drill intersects encountered 1 to 1.5m intervals with grades between 15.9 and 34.9% TGC
• Prospective for Nickel
• The project will host most likely host the mineralised extensions from the adjacent and recently sold Mining Lease ( $4.6m)

• Alluvial gold producing project processing surface wash and now deeper accessing deeper 10-15m material comprising either old lake bed/ river wash.
• Operational with a 20t/hr wet or dry plant with trucks and and 24t excavator. Project contains smooth nugget/jewellery, ragged nuggets, small flake down to paint gold as well as some crystalline.
• Alluvial gold continues at depth with a recent processing run from 10m depth producing 915g of gold.
• A simple two person team can run this gold operation quite easily.

• 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.