EXPLORATION

Goldern Orb Project

Golden Orb is adjacent to Australia’s high-grade gold mines, and approximately 530m south of the Wattle Dam pit.
Hosted within the same prospective ultramafic sequence as Wattle Dam, the area has a similar steep north plunging ore zone and Alteration zone.

Exploration so far has uncovered gold mineralisation associated with altered ultramafic and similarities to the western zone mineralisation at Wattle Dam.

All preliminary results of exploration show the potential for a blind, high-grade shoot similar to Wattle Dam.

Significant Drill Intersections
7m @ 11.4 g/t gold from 90m – WDRC197
7m @ 10.8 g/t gold from 117m – GORC0051
1m @ 99.1 g/t gold from 199m – GODH0004
10m @ 3.2 g/t gold from 176m – GODH0012

Gold Target S5

S5 is a high-priority target located between Wattle Dam and the Redback Deposit, existing on a similar geophysical feature to Wattle Dam within the rich Spargoville shear zone.

Historically, drill spacing was too broad to detect another significant Wattle Dam deposit – and only a single 20m RAB hole was previously drilled at the S5 target.

Significant Drill Intersection by Maximus Resources
3.0m @ 83.3 g/t gold from 25m incl. 1m @ 245g/t gold
22m @ 0.6g/t gold from 12m

Gold Target 5B

Target 5B is located at the base of an existing pit, around 1.8km east of Wattle Dam along a parallel subsidiary shear zone.

Mineral Resource (JORC 2012)
75,300t @ 3.07g/t gold for 7,700oz gold

70% of the resource occurs within 40 metres of the pit base.

Significant historical drill intercepts include:
5m @ 5.3g/t gold
5m @ 9.58g/t gold
5m @ 10.76g/t gold

Further drilling is required to define the high-grade transition zone and test down-plunge strike extension potential – as strike potential remains poorly explored to-date.

 

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