Calarie

LOCATION METALS OWNERSHIP
Lachlan Fold Belt NSW Gold Joint Venture

 

  • Short term potential to define resource.
  • Gold mining region - historic gold resource (Non-JORC)
  • Located on the Parkes Thrust Fault.
  • Along strike of the 2.9Moz North Parkes Mine, and the 1.7Moz Tomingley Mine.
  • Pre-Feasibility study in 1997 by Hargraves at a USD$525/oz Au price.
  • Mineralization open to the north and at depth.
  • Regulatory approval (ESF4) received for 1,500m of RC drilling to test mineralisation of the historic gold resource extensions at depth and along strike.