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Gold Prospecting Lease - Sandstone area


Summary and Recommendations:

The Prospecting Licences P 57/1527 is located on the western contact of the very prospective ‘Youanmi Greenstone Belt’ and the granites further to the west, and the location of the Youanmi Shear. There lease contains a substantial amount of greenstone and a contact with granites; this is confirmed by 100k geological mapping and geophysical magnetic imagery data.

The geological mapping confirms the presence of substantial areas of ground containing quartz and greenstone float material. The reconnaissance photos as seen above confirm and ground truth what the geological maps and geophysical data suggest, and provide evidence that this area shows all the right indicators that it could host very good gold mineralisation potential. Greenstone belts close to granites in conjunction with faults and shearing provide ideal conditions for mineralising gold bearing fluids to be emplaced into the bedrock; this lease area has the hallmarks for this to occur.

The Youanmi Greenstone Belt is the host of many reported gold discoveries, including the Barrambie gold mining area – and confirms that the ground holding is highly favourable for gold mineralisation.

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