goldfields, western australia
Coolgardie Gold Projects
Our broader exploration strategy is centred around targeting provincial-scale gold opportunities to complement our existing Coolgardie Lithium assets.
We are actively monitoring for new opportunities in the W.A. Goldfields, evaluating new, under-tested tenement prospects for exceptional exploration potential.
These initiatives have resulted in the staking of three prospective land parcels located in close proximity to Kangaroo Hills and Miriam.
Kal North
The Kalgoorlie North (Kal North) project consists of one exploration lease application totalling an area of 27.9km2 located 45km north-east of Kalgoorlie. Preliminary evaluation of existing exploration data on Kal North, which includes a historic vacuum sampling programme, has identified numerous +10ppb Au near-surface anomalies.
Field reconnaissance was conducted in late 2024 to investigate these anomalous zones. Numerous rock chip samples were collected from the tenement, with lithologies including surficial quartz veining and calcrete.
A detailed re-evaluation of past airborne magnetic survey data identified large scale features which have been interpreted as lithological bounding structures and reasonably align with existing bedrock interpretations.
To date, four key target areas have been identified, with significant local-scale faulting and demagnetisation coincident with surficial gold anomalism. These target areas are set to be evaluated further, through infill geochemical surface sampling and a targeted progression to initial drilling, following receipt of tenure grant.
Burbanks East
Burbanks East consists of a 2 km2 area directly east (~2km) of the Burbanks Mine (current resource 466koz @ 2.4g/t Au) owned by Horizon Minerals (ASX: HRZ), approximately 2.5 km from Miriam and 7 km from Kangaroo Hills.
Two lease applications have been submitted for Burbanks East, which cover an area of surficial elevated gold anomalism, based on historical data (2007) collected by Barra Resources Ltd. Previous aircore drilling results, although very limited, intersected numerous low-order mineralised zones, including an intersection of 4m @ 0.31g/t Au from 56m.
Nepean South
Nepean South covers a single exploration lease application for a large 43km2 area located approximately 6 km south of Kangaroo Hills and situated over a 3.5 km southern displacement of the Nepean greenstone unit. Limited gold exploration has been completed to date. Prospectivity at Nepean South has yet to be targeted by modern surface geochemical methods or drilling techniques.
