Gold Prospecting Lease - Kalgoorlie

Overview

Price - $17,500

Granted Mining Tenement P 25/2749 is 150Ha

Strategic Location: The Prospecting Licence is located in the prospective ‘Eastern Goldfields Greenstone Belt’ and close to closed small scale gold mines in the east and south; these mines are located on the greenstone rocks.

Rich Geological Diversity: The lease contains a substantial amount of greenstone and a cross-cutting dyke which has gold discoveries on this contact to the east.

Remarkable Magnetic Anomaly: An indicator of potential mineral deposits.

Summary & Recommendations

The Prospecting Licence is located in the prospective ‘Eastern Goldfields Greenstone Belt’ and close to closed small scale gold mines in the east and south; these mines are located on the greenstone rocks. The lease contains a substantial amount of greenstone and a cross-cutting dyke which has gold discoveries on this contact to the east.

The geological data strongly suggests that this area displays all the right indicators to host very favourable gold mineralisation potential. Greenstone belts that also intersect cross cutting faults and shears and dolerite dykes provide ideal conditions for mineralising gold bearing fluids to be emplaced into the bedrock; this lease area has the hallmarks for this to occur.

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