• Early stage exploration project, mapped intrusives, associated with quartz veining and low grade gold (0.2 to 0.6 g/t Au
• Two major systems of N-S and NE structures are associated with faults, fractures and quartz vein stockworks associated with granodiorite. Chlorite and sericite alteration has been mapped
• All documentation available upon request. Full exploration and exploitation rights granted, total of 6 sites
• Selling for full ownership (100%) or JV (50%)

• 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)

• Over 150,000oz JORC 2012 Mineral Resources from open pit and underground sources averaging 1.8g/t Au
• 4 granted mining leases covering 35km2 that were last mined in 2012 from a proven goldfield
• High quality exploration drill dataset with evidence of additional drill targets to increase current resource base
• Less than 100km South East of Laverton, WA

• Vat leaching Gold processing plant with approx 1600t/month processing capacity expandable to 6000t/month
• Peaceful and stable environment of Tanzania
• Established and enthusiastic team to work with
• Looking for genuine JV opportunities with near term production potential

• 4 granted Mining Leases covering approximately 190 hectares. Most recent production was from 2014 averaging >4g/t. Existing NON-JORC resources comprise > 20 000oz @ > 10g/t Au
• High grade drilling with initial highlights including 6m @ 9g/t and 2m @ 5g/t. A number of drill results prove mineralisation along the shear but more drilling is needed
• Shallow shear related mineralisation hosted within quartz veins, banded iron formation, dolerites, gabbros and ultramafic rocks. 1km long strike length of shear zone with exploration potential.
• Potential for production with injection of modest capital that will significantly expand further opportunities in the area lacking a operational processing plant

• Alluvial Gold Mine Project as a Joint Venture (49%) with local landowners with 4 x Leases covering 111,000 square metres.
• Partially cleared site with some accommodation. Reliable water and road access.
• The mine comes exclusive of equipment.
• Early results show AU yields of 2.5-5.2 grams per cubic metre, however third-party testing in the immediate area has shown significantly higher yields.

• Project located in the centre of a high grade gold producing district, within the highly endowed Yilgarn Craton.
• Mines directly surrounding the project tenements have produced in excess of 380,000 oz Au at an average grade of 16.7 g/t Au.
• Limited shallow drilling has returned intersections of 1m @ 13.10 g/t Au, 3m @ 6.80 g/t Au (inc 1m @ 14.00 g/t Au), 9m @ 2.02 g/t Au (EOH) and 7m @ 1.37 g/t Au (EOH).
• Only two RC holes drilled on the project area to date with both returning >5 g/t Au intersections. Mineralised structures remain open along strike and at depth.

• Australian Gold Province in early discovery phase with anologies to Tropicana
• Resource drill out for immediate start
• Dominant ground position with big picture geological model - Central Gawler Gold Province
• Near surface shear hosted hydrothermal gold

• Non JORC estimate of at least 200 000t @ 1.5 g/t Au over 600m strike and within 50m of surface. Mineralisation is open along strike and at depth.
• An 800m by 100m IP anomaly lies paralell to the oxide Au deposit with associated As-Sb-Ag anomaly which may represent a primary Au-pyrite orebody at depth
• Oxide deposit with petrography suggesting that pyrite has been leached. Primary gold grades may be substantially different to that encountered in the weathered zone.
• Located on the NE end of a 6km long zoned precious and base metal anomaly typical of porphyry deposits with untested IP and EM anomalies.

• Current alluvial mining operation producing at 1.0g/m3 from one deposit. High grade hard-rock reef potential - Junior Gold Explorer potential
• Current mining lease, exploration licence 186km2 and 500 acres freehold (including alluvial gold resource and permanent water)
• Orogenic (also known as slate belt, mesothermal, turbidite hosted) gold with quartz reefs hosted in folded turbiditic sediments
• Sale includes modern 10 man camp, office, workshop, 30tph hard-rock mill with 30tph crusher, ball mill, knelson concentrator and tables inc. gemini. Also trammel, screen, sluice boxes.

• 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.