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
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.