Yandoit Project
Highlights
In the prolific gold producing Bendigo Structural Zone, Daylesford Gold Corridor
70 km southwest of Fosterville Gold Mine (TSX:KL)
High grade historical gold production from hard rock and alluvial sources
Targeting maiden mineral resource estimate and near-term gold production
National Instrument 43-101 Technical Report underway
Fosterville East Project
Highlights
Located in central Victoria approximately 10km east of the world-class 9 million-ounce Fosterville Gold Mine
Exploration licence located over the hanging wall of the Heathcote Fault Zone in an analogous position to the Fosterville Gold Mine
Mathinna and Lefroy Project
Highlights
Prolific high-grade Mathinna goldfield in north east Tasmania
Mathinna goldfields host thick sequences of bedded fine- to medium-grained quartz-rich turbidites with shale tops
Mineralisation hosted within dextral strike-slip shear zones with right-hand jogs creating dilatant zones that host the structurally controlled quartz vein arrays
Includes the New Golden Gate Mine with historical hard rock production of 254,000oz at an average grade of 26g/t gold
1914 Geological Survey of Tasmania report estimated that production to date had been between 300,000 and 320,000 ounces