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Gold Lease - South East of Mount Magnet

Overview

Gold Lease - South East of Mount Magnet

The current Prospecting Licence available is: P 59/2467

Investment:

P 59/2467 —$14,997

This lease sits on a gold-fertile greenstone belt with ultramafic and mafic units at surface and mapped shear zones/faults—a classic setting for orogenic (in-situ) gold with alluvial nugget potential. Outcrop is common and cover is thin, forming north–south rocky ridges and gullies that are easy to work.

Perfect for detecting, dryblowing and pushing/scraping. Gravity shows elevated bedrock (less overburden for cut & scrape) and magnetics highlight strong structural targets across the tenement.

Located ~400 km NE of Perth, ~110 km south of Mount Magnet, and ~350 km east of Geraldton with straightforward access via regional roads. 

For independent geology reports and videos of the ground please call Ben on 0414 225 054.

Lease Dimensions:

P 59/2467: ~198 Hectares (~489 Acres)

Key Features

  • No historical drilling on the lease; the nearest gold/PGE drillhole is ~12 km away. Only 16 stream sediment samples to date with a maximum 2 ppb Au—a clean first-pass opportunity.
  • Interbedded ultramafic serpentinites and mafic gabbros; a ~1 km-wide gabbro on the western side with repeating units averaging ~200 m—prime contact and shear targets.
  • Multiple N–S shears/faults parallel to lithology, cross-cut by E–W faults; a significant NW–SE fault appears to transect the lease—ideal pathways for mineralising fluids.
  • Within the Murichson Domain (Youanmi Terrane) of the Yilgarn—near major hubs and deposits (Youanmi, Mt Magnet, Penny, Mt Gibson), underscoring a proven gold address.

This prospecting licence is live (granted 4 years) with an option to renew, allowing you to hit the ground running with mapping, soils, and rock chips to fast-track drill targets.

Investment:

P 59/2467 —$14,997

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

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