Company History and Profile

The vision of DGO Gold is to become a significant gold and base metals producer.

The Company has commenced the process or reinvigoration as a consequence of making tenement applications totaling 66 square kilometers in the Kalgoorlie Terrane of the Eastern Goldfields Western Australia and entering into a research agreement with CODES the Australian Research Council Centre of Excellence in Ore Deposits at the University of Tasmania to research and discover sediment hosted gold deposits in Australia

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Strategy

Exploration activities have focused on completing the first phase of sediment hosted gold deposits (SHGD) research at CODES at the University of Tasmania.  The research has focused on identifying districts in which SHGD’s could occur in rocks in Australia that are of comparable geologic age to those of SHGD elsewhere in the world.

The comparable age models are the Witwatersrand Gold deposit of South Africa of +3000MA age, the Sukhoi Log gold deposit of Eastern Russia at 540-650MA age and the Carlin Trend deposits Nevada USA 430±20MA age.

Ten high priority targets areas have been identified by CODES which include sedimentary rocks of one of the above geological ages and in which favorable geological structures have been identified by past geological mapping and airborne geophysical surveys.  Where land is available for exploration licence applications in the target areas identified applications are being made.

Subsequently, open file data held at the State Government Department of Mines or equivalent will be researched to identify past exploration activity and results.  Neighbouring exploration landholders will be identified and approached to either acquire or joint venture the land to build up a strategic holding in the target area identified by the CODES research. It is anticipated that researching the past exploration data will lead to identification of drill targets.

Applications have been lodged 20 kilometres south of Whim Creek in the Pilbara of Western Australia to date and are in the process of being lodged in South Australia.

SEDIMENT HOSTED GOLD IN THE BLACK FLAG GROUP OF THE EASTERN GOLDFIELDS OF WA

The discovery of Invincible by Gold Fields Australia in 2012 on the edge of Lake Lefroy at Kambalda, St Ives and Baloo by Sirius Resources NL in 2015 has confirmed the prospectively of the Black Flag Group (BFG) sediments which have largely been ignored in the past, due to the focus of exploration on basalts and dolerites.

Mt Edwards, Ora Banda and Black Flag tenement applications have focused on areas where BFG sediments are covered by overburden or transported younger sediments and consequently remain to be explored.  See Figure 1.

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Figure 1: Tenement Applications, Black Flag Beds, Eastern Goldfields

OPEN FILE RESEARCH ACTIVITY MT EDWARDS Southwest of Kalgoorlie

Open file data has confirmed that past exploration has intersected gold mineralisation at the base of the transported cover but has not tested the underlying BFG sediments (See Figure 2 below).  Studies of the past geophysical surveys are in progress and will be integrated with the geological data.

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Figure 2: Mt Edwards, Tenement Application and Past Exploration Results

 

 

ORA BANDA Northwest of Kalgoorlie

 

Initial open file research has confirmed gold geochemical anomaly on the Company’s tenement applications and on adjacent land held by others there is gold mineralization in shallow drilling either associated with the cover rocks or the underlying BFG sediments (See Figure 3 below). Open file research is continuing.

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Figure 3: Ora Banda, Tenement Applications and Past Exploration Results

 

CODE TARGETS

 

MALLINA, Geological age Analogue of Witwatersrand of South Africa

The Mallina Exploration Licence applications are located approximately 20km south of Whim Creek in the Pilbara of Western Australia (See Figure 4 below).

The Mallina targets are anticlinal structures of the Mallina Formation and Constantine sandstone which are geological age analogues of the Witwatersrand gold deposits of South Africa.

Open file research of past exploration activities within the target areas has commenced.

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Figure 4: Mallina, Tenement Applications and Target Zones