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Sandstone Gold Project — Non-JORC Gold Potential 17,862oz / $120M+

Overview

Sandstone Gold Project — Non-JORC Gold Potential 17,862oz / $120M+

Project: Sandstone

Size: 3,924.56 Ha

Licences Included: P 57/1539, P 57/1540, P 57/1541, P 57/1542 & E 57/1480

In-Situ Gold Potential: Over $120 Million / 17,862oz Gold — Non-JORC

Native Title: None

Depth of Gold: From Surface

Resource Work: Initial 3D Mapping Completed

Drilling: Over $600,000 spent, with further drilling plans completed and ready to go

Price: POA — Price on Application

This Sandstone gold package is a rare chance to secure a large gold project in a proven Western Australian gold region.

Located around 70km south-east of Sandstone, the project sits across the Mayard and Crook Well Greenstone Belts. These belts are known to host gold mineralisation in the wider region. The project includes the Harmony and Creasy 1 gold zones, with Harmony holding a reported 17,862oz non-JORC compliant gold resource.

The report also notes gold has been found from surface, with near-surface drill hits already recorded. This gives the project strong appeal for further drilling, resource work and future exploration.

Lease Package:

P 57/1539
P 57/1540
P 57/1541
P 57/1542
E 57/1480

Total Project Size: 3,924.56 Ha

Key Features

  • 17,862oz non-JORC gold potential reported at the Harmony Prospect.
  • Over $120 million in-situ gold potential, based on the supplied project figures.
  • POA — Price on Application
  • Native Title: None
  • Gold from surface, with near-surface gold hits recorded in past drilling.
  • Initial 3D mapping completed over the Harmony gold system.
  • Over $600,000 worth of previous drilling completed, including 124 RC drill holes for a total of 10,368m drilled.
  • Strong past drill results, including 49.4g/t Au, 14.8g/t Au, 9.17g/t Au, 8.11g/t Au and multiple other hits above 5g/t Au.
  • Further drilling plans are already completed, with 1,305m of RC drilling planned to test priority targets and help prove up more resource.
  • Located on the Mayard Greenstone Belt, with around 3.5km of continuous greenstone exposure.
  • Also includes exposure to the Crook Well Greenstone Belt, adding more exploration upside.
  • Known gold zones include Harmony and Creasy 1.
  • Magnetic mapping shows a strong link between known gold zones and higher geophysical signatures.
  • Suitable for further drilling, resource work, soil sampling, mapping, detecting and future exploration.

 

This project gives the next owner a strong head start. The drilling, gold hits, 3D mapping and planned follow-up work are already in place. The main opportunity is to keep building on the Harmony gold system and test the wider project for more gold zones.

The Harmony area gives the buyer a clear path forward: drill to grow the current non-JORC resource, or complete infill drilling and further studies to work toward a JORC 2012 compliant resource.

The Creasy 1 area also adds further upside, with the report noting it may have potential to be converted into a non-JORC resource with minor extra drilling.

Don’t miss your chance to secure a large gold project with strong non-JORC gold potential, past high-grade drilling and clear next-step drilling plans.

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

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