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NSW

Gold areas represent exploration licences.

The focus of the Company’s BigGold study is to identify the next generation of mineral discoveries. Targeting and acquisition of priority targets for gold and copper-gold continued in Australia resulted in a number of targets being identified in New South Wales.

In NSW, the Company’s focus is the Lachlan Fold belt which hosts several major copper-gold deposits of Phanerozoic age, each with specific magnetic and gravity alteration signatures.  Targeting for such deposits beneath cover rocks has identified analogous targets and resulted in exploration licenses over 12 targets.  Infill geophysical surveys are planned for 2008/2009 as a first stage of exploration.

 

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