- Tenement EL007864 is 100% owned.
- This tenement is ideally located near major west-dipping geological faults which are essential to hosting major gold deposits in Victoria.
- There is up to 50m of basalt cover which has hindered historical gold exploration
- In some areas we believe there is no basalt cover at all!
- In the 1980’s CRA detected gold below the basalt sitting on the basement rocks
- There is the potential for another Sovereign Hill style deposit hosting many millions of ounces.
- Leading edge geoscience surveys with modern equipment could directly detect gold deposits within this tenement.