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Prospecting Lease available Near Ora Banda - On Strong Magnetics

Overview

Summary and Conclusion:

The Tenement P 24/5634 lies within a promising area for Gold Mineralisation, with several prominent mining centres located within view of the tenement, and two large gold mining companies owning the neighbouring leases to the West and South.

The presence of three major structures, two of which are associated the Enterprise Gold Mine to the South, provide good target areas for future work. Geological Fieldwork on the lease has already identified the presence of Iron Sulphide style mineralisation which is commonly associated with gold mineralisation in the local area. In addition two separate localities of quartz on surface were identified which further suggests the possibility of local mineralisation within the tenement.

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