PROJECT PORTFOLIO


Gimlet Gold Project

The Gimlet Gold Project is located 15kms north west of Kalgoorlie, Western Australia and 500 meters along strike from the operating Teal Gold Mine (Intermin Resources, ASX Code: IRC).

The Teal Gold Mine has a current total resource estimate of 2.27 mt @ 2.18 g/t Au for 159,386 ozs of gold. The Gimlet Gold Project comprises a 9.6 Km2 granted exploration license prospective for gold associated with well-defined north westerly trending regional shear zones. Planned air core and RC drilling is targeted to investigate steeply dipping high grade lodes beneath extensive supergene gold blanket zone and along a strike from the Teal Gold Mine.

Emu Creek Gold and Copper Base Metals Project

The Emu Creek Project is located near Nullagine, 25kms north of Novo Resources’ (TSX Code: NVO) Beatons Creek conglomerate gold project (560,000 oz Au resource). The project area consists of two granted exploration licenses with a total area of 1209 Km2 and is characterized by extensive areas of Fortescue conglomerates and clastic sediments of the Hardy Formation with similar geology to the Beatons Creek gold project. Denis O’Meara entered into a farm-in agreement with Atlas Iron Limited (ASX: AGO) in late 2016, to earn a 51% interest by spending $190,000 within two years, and a further 19% on completion of a bankable feasibility study within 5 years (70% interest in total). The project area is prospective for Fortescue Hardy Formation conglomerates and for gold and base metal VMS and porphyry related mineralization. Extensive altered and mineralized volcanic breccias and agglomerates have been mapped. Previous sampling return assays of up to 11.6 g/t Au, 13.5% Cu, 6.78% Pb, 23.5 % Zn and 1260 g/t Ag. A VTEM survey is currently under way to cover priority targets.

Talga Gold and Copper/Gold Project

The Talga Gold and Copper/Gold Project is located 30 Km north east of Marble Bar within one of the most prospective and mineralized Archean terrains in the East Pilbara. The project area is comprised of 5 granted exploration licenses covering almost 62 blocks, prospective for epigenetic gold associated with the major Bamboo Creek Shear Zone. (Bamboo Creek Gold Mine generated 779, 350 tons @ 8.19 g/t Au from 1887 to 1995). The project area is prospective for shear hosted gold mineralization and VMS style copper-gold mineralization and lies along strike from the historic Bamboo Creek Mining Centre. Rock assays have recorded grades of up to 12.9 g/t Au. Previous limited drilling returned best results of 16 meters from 12.15 km gossanous zone. Recent exploration at the Razorback prospect has identified a 300-meter- long mineralized reef with assay results of up to 7.89 g/t Au, open to the east. The Talga Gold and Copper/Gold Project is prospective for shear-zone hosted epigenetic gold deposits and volcanogenic copper-gold sulfide deposits with well-defined drill targets for ongoing
exploration.