• 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%

• Located in the Eastern Gawler Craton, between Prominent Hill and Olympic Dam IOCG deposits, highly prospective geological region, Hiltaba aged intrusives present
• Large contiguous land position, held 100%
• Underexplored
• Recent modern geophysical datasets identifying multiple targets, similar in geophysical response to Carrapateena and Khamsin, awaiting inversion analysis.

• Existing alluvial Tin mining operation with JORC resource of 365 t of Cassiterite. Substantial by-products of gold, sapphires, decorative pebbles & sand. Granted mining leases total 132 ha.
• 80 m3 per/h processing plant, mains power, personnel camp & workshop. Significant potential additional revenue via downstream processing of by-products particularly the pebbles.
• This project could be a strategic asset for an IPO or larger company if combined with the exploration potential of the surrounding NE TAS region which has historically produced 35k tonnes of Tin.
• No native title, huge market for pebbles as decorative stone or exposed agg. Project is 100% owned by one owner/operator. Comprehensive due-diligence data available on request.

• World class Province - Fraser Range
• Neighbours having great success
• Entry Level for a junior mining company
• Package comprises a number of tenements totalling 6 graticular blocks

• Limited exploration in a highly prospective gold region within 5 granted PL's - Kalgoorlie location
• EOH mineralisation of 5m @ 1.5g/t Au from an AC drill hole. Previous RC holes did not test this zone effectively so mineralisation is open along strike
• Techno-stratigraphic location, alteration and mineralisation similar to that of the Invincible Gold discovery at the St Ives gold mining centre
• Clear structural, geochemical and alteration target with mineralisation located in a flexure within the shear zone. 4km long gold in soil anomaly

• Located in the highly prospective Bryah Basin where Sandfire has been successful in discovering copper sulphides
• Gold nugget occurrences, copper and gold soil anomalies (peak of 585ppm Cu & 85ppb Au) and RAB intersections including 12m @ 0.13% Cu from surface
• Tenement partly overlies the prospective Narracoota Volcanics with untested soil anomalies and RAB hits not followed up.
• Potential for DeGrussa style Cu-Au deposits and gold deposits

• JORC Code-compliant resource estimate of 125Mt indicated & inferred coal.
• Four coal seams located at a depth starting at 180m.
• All seams exhibit a low to moderate ash, with a generally high yield.
• This resource estimate agrees that the coal should readily produce a PCI product, with potential for a coking coal fraction from these seams in places.

• 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.