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High-Grade Gold Lease with Historic Shafts – 12.95 g/t, 9.17 g/t, 7.37 g/t & 5.36 g/t Au - Plus More

Overview

High-Grade Gold Lease with Historic Shafts – 12.95 g/t, 9.17 g/t, 7.37 g/t & 5.36 g/t Au - Plus More

Prospecting Licences Available: P 31/2193, P 31/2194, & P 31/2195

Investment: $79,997

This 312 hectare gold lease package near Yerilla offers multiple high-grade gold results, historic underground shafts, recorded gold production, and clear follow-up targets in a proven Eastern Goldfields district.

Located approximately 35km south east of Kookynie, 145km north east of Kalgoorlie, and only 2km west of Yerilla Station, the project sits in a known gold area with over 7.87Moz of JORC compliant gold resources within 80km.

Best Gold Results in the Geo Report Include

  • 12.95 g/t Au rock chip sample from historic workings east of Black Gin
  • 9.17 g/t Au recent field sample from gossanous quartz in mullock east of Black Gin
  • 8.81 g/t Au repeat assay from the same sample area
  • 7.37 g/t Au surface sample linked to Black Gin mullock sampling
  • 5.36 g/t Au surface sample linked to Black Gin mullock sampling
  • 2.2 g/t Au recent in-situ quartz vein sample from Queen of the Earth workings
  • 2.17 g/t Au repeat assay from the Queen of the Earth quartz vein
  • Historical drilling returned 1m @ 1.08 g/t Au from HMAC0022
  • Historical drilling returned 1m @ 0.65 g/t Au from HMAC0023
  • A historic Hermes drillhole anomaly is reported as 21m @ 5.43 g/t Au from 84m; however, the exact collar location could not be confirmed from available WAMEX data

 

The project includes multiple historic workings, including the Black Gin and Queen of the Earth workings, plus other unrecorded shaft systems found during recent field mapping. Historic mining in the broader Yerilla region dates back to the late 1800s, with strong past gold production recorded in the area.

The report notes that 528 surface samples have been taken across the project, with rock chip results up to 12.95 g/t Au, 9.17 g/t Au, 7.37 g/t Au, and 5.36 g/t Au. Recent field sampling also returned 2.2 g/t Au from a quartz vein inside the Queen of the Earth workings. Historical drilling has also recorded gold intercepts including 1m @ 1.08 g/t Au and 1m @ 0.65 g/t Au.

Key Features

  • Located in a proven gold region with over 7.87Moz of JORC compliant gold resources within 80km
  • Historic underground workings located on the project, including Black Gin and Queen of the Earth
  • The Black Gin workings have recorded historic production of 88 tonnes @ 14.379 g/t Au for 40.7oz
  • The broader Queen of the Earth system has recorded historic production of 2,861oz Au
  • Strong surface sample results recorded, including 12.95 g/t Au, 9.17 g/t Au, 7.37 g/t Au, and 5.36 g/t Au
  • Recent field sampling returned 2.2 g/t Au from an in-situ quartz vein inside the Queen of the Earth workings
  • Historical drilling recorded intercepts including 1m @ 1.08 g/t Au and 1m @ 0.65 g/t Au
  • Multiple shafts, stopes, costeans, open cuts and detector scrapings have been mapped on the tenements
  • 528 surface samples recorded across the project, giving the buyer a strong base of historical exploration data
  • 24 drillholes for 668m completed, with limited drilling to date and clear follow-up targets
  • Greenstone geology is exposed at surface with minimal cover, making the ground easier to inspect and prospect
  • Recent field work confirmed gold-bearing quartz structures and old workings across the lease package
  • Positioned near key structural features, including the Emu Fault System and Keith-Kilkenny Fault System
  • Good potential for detecting, sampling, pushing, scraping, dryblowing and follow-up drilling

Location & Access

  • ~145km NE of Kalgoorlie
  • ~35km SE of Kookynie
  • ~2km from Yerilla Station
  • Excellent access via established station tracks and open terrain

This is a standout gold lease for buyers who want real results, old workings and strong exploration upside. With high-grade samples up to 12.95 g/t Au, historic shafts, recorded gold production and only limited drilling completed, this project gives the next owner a strong base to work from.

For comprehensive geological reports, detailed videos of the ground, and more information, please call Ben on 0414 225 054.

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