Assets update22 Oct 2022 09:49
Havieron
An early stage mining development with Decline infrastructure progressing.
An ore body that keeps on expanding with increasing grades. 30% owned .
Potential tier 1 resource 6.5moz equivalent
Juri joint venture
Paterson Range East
Latest drill results on Goliath and Outermind both hit gold anomalies.
New models being formulated for future programmes.
New aero magnetic survey on the west side have found new targets and recently drilled A9 and Tama an exciting āsupergeneā target.
Blackhills
An exciting area where the nuggets were found in 2018
Saddlereef and Saddlereef South are promising targets. Firstly a reef like prospect similar in nature to Telfer and further south a dipping ore body about 250 wide 60 m thick by 2km long.
Over 250 historical drills on BH have had gold in their drilling logs.
A27 target being diamond drilled at the moment.
Scallywag
A large licence 100% wholly owned by Greatland
Earlier drilling of Kraken, Blackbeard and London hit gold and copper alteration and will help in vector studies of finding ore bodies.
2021 exploration had centred around Swan in the North , Teach and Barbossa west, assay results have located 8 conductors around the Swan area. Moving here in the next few days
The road between Telfer and Havieron is proposed to go through Scallywag, works to commence this year.
Environmental studies have been carried out on the proposed route.
Ernest Giles
A very long arching licence if compared to the M25 would go 2/3rds the way round.
A greenstone area renowned for its goldfields, much older than Havieron.
Suggested to have 2x 5m gold targets with numerous 1m camp style targets.
Relinquished 2 licences and have reapplied for Wishbone and Maple but not reapplied for Carnegie in the centre which reportedly had the nickel.
Government funding of $180,000 agreed for drilling Meadows depending on approvals
Tasmania
Firetower
A licence with 5 areas of interest the best of which is Firetower itself a small bullseye feature with strong gold and copper readings near the surface open at depth.
Maybe containing 1m oz
Firetower west is a large underexplored area with gold and copper readings.
Star of the west in the north are historical workings in a forested area.
Firetower east has had a few drills picking up copper and zinc alteration, needs more exploration.
Thereās another historical mine area in the NE.
Ggp working towards joint venturing this licence.
Warrantina
A long north to south series of historical mine workings
Ggp have concentrated their recent campaigns in the south exploring beneath historical workings picking up new targets deeper down.
Suggested to contain a 1m oz gold in total on the licence