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Australian Projects
The grant of EPM 15449 and EPM 16402 gave the company control over most of the extensively mineralized Nundah Batholith, and provided access to the highly prospective Split Rock porphyry copper, Mountain Maid and Porphyry gold prospects. At Mountain Maid assay results from drilling and surface sampling have confirmed the presence of an Intrusive Related Gold System (IRGS) of substantial potential size with contiguous mineralisation in 9 drill holes. An extensive RC drill program at 50m centers will be completed shortly with objective to define a JORC compliant resource. The Porphyry prospect is an epithermal or low temperature gold-silver quartz vein system hosted by intensely altered porphyry. Soil and rock chip samples show strong gold and arsenic anomalies. Preparations are underway to drill the Porphyry prospects in the near future.
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