High-grade gold project: Enhancing strategic optionality
- Two granted mining leases and exploration licences, covering a total area of 179.59 km² in the Gascoyne province, approximately 220 km northwest of Meekatharra
- Home to the historical Hibernian Gold Mine
- Previous drilling has revealed exceptional high-grade intercepts; only been drilled tested down to ~70m depth
- 5m @ 96.7g/t Au
- 4m @ 91.9g/t Au
- 4m @ 75.3g/t Au
- 11m @ 42.5g/t Au
- 8km underexplored strike extension to the Hibernian trend under shallow cover.
- Initial Mineral Resource Estimate of
- 0.3Mt @ 3.1g/t Au for 27,000 oz (open pit)
- Mt Egerton Project is trucking distance to several operating mills for optionality of quick cashflow
JORC 2012 Mineral Resource Summary1
| Category |
Tonnes (M) |
Au (g/t) |
Au (koz) |
| Indicated |
0.23 |
3.4 |
25 |
| Inferred |
0.04 |
1.5 |
2 |
| TOTAL |
0.28 |
3.1 |
27 |
Note: rounding errors apply
1 See ASX announcement dated 6 November 2024
