Gold areas represent exploration licences.
In New South Wales, the Company has established a significant ground position over the concealed northern extensions of the Lachlan Fold Belt, near the town of Nyngan, where it is covered by sediments of the Great Artesian Basin. Further south, the Lachlan Fold Belt hosts several major copper-gold deposits of Phanerozoic age, each with specific magnetic and gravity signatures. St Barbara has focussed its landholding over a poorly drilled area which appears to host the largest of the major volcanic and intrusive complexes preserved in the belt.
To date the Company has completed a series of airborne magnetic surveys to gain an understanding of the depth to basement model.
Recent geological and structural interpretation of the geophysical data has recognised analogous elements to the other regional copper-gold centres. The conceptual target area is positioned at a junction of major curstal structures, and there is evidence for strong hydrothermal alteration in the magnetics.
Exploration has undertaken drilling on selected areas to gain a better understanding of structural features. This has provided important information in defining future targets.