• 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

• 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.

• NEW GOLD PROJECT WITH NEWLY DISCOVERED GOLD PROSPECTS OVER 6 KILOMETER IN UNDER EXPLORED AREA
• POTENTIAL FOR 22 KILOMETER MINERALISED TREND IDENTIFIED
• ASSAYS UP TO 31.5 GRAMS PER TONNE GOLD
• RELATIVELY CHEAP EXPLORATION IN HIGH MINING INFRASTRUCTURE CENTRE

• NEW DISCOVERIES ALONG STRIKE IN LAST 6 MONTHS ALONG STRIKE ARE INDEPENDENCE GROUP'S BUMBLEBEE TO EAST AND CASSINI RESOURCES X17 PROJECT TO WEST
• LARGE COPPER ALTERATION HALO OVER 3OO METRES AT 0.1% FROM SURFACE
• ROCK CHIPS 13 PERCENT COPPER, 20.73 GRAMS PER TONNE GOLD, 78 GRAMS PER TONNE SILVER, 2.6 GRAMS PER TONNE PALLADIUM
• WALK UP DRILL TARGETS IN AUSTRALIA''S NEWEST FRONTIER EXPLORATION REGION

• ON STRIKE FROM 26 MILLION OUNCE TELFER GOLD DEPOSIT
• HIGH GRADES FROM SURFACE TO 300 METRES DEPTH
• BEST INTERCEPT 22 METRES AT 4.77G/T GOLD FROM 55 METRES DEPTH
• EXPLORATION PIPELINE OF 16 GOLD PROSPECTS

• 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.

• Opportunity to explore 16,000 hectares directly adjacent one of the worlds highest grade epithermal Au-Ag districts, also host to the highly prospective Tertiary Volcanics of the Gosowong Goldfield.
• The Gosowong Goldfield is host to world class epithermal Au-Ag deposits. Over 6 million ounces of gold has been discovered to date within the Tertiary Volcanics of the Gosowong Goldfield.
• The license area shares the same geological setting and is located adjacent and along strike of Newcrest’s Gosowong (0.85 Moz), Toguracci (0.55 Moz) and Kencana (3.65 Moz) deposits.
• Preliminary exploration activities have commenced with the aim of identifying drill targets.

• 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.