Projects



Research and development into sediment hosted gold deposits (SHGD).

 

The Company currently does not hold any tenements.

Exploration Activities

Black Flag Beds Sediment Hosted Gold Exploration, Eastern Goldfields, Western Australia
The Company has applied for 3 sediment hosted gold target areas in the Eastern Goldfields of Western Australia; at Mt Edwards, Black Flag and Ora Banda South West.  The projects cover the Black Flag Beds in the Kalgoorlie Terrane of the Eastern Goldfields Superterrane.

Mt Edwards
The Mt Edwards is a single exploration licence application, consisting of 9 contiguous sub blocks (26.4km2), located to the east of the Coolgardie – Norseman highway, approximately 15km north of the township of Widgiemooltha.  The tenement extends westwards from the western shore of Lake Lefroy and covers metasediments and volcanics of the Black Flag Beds, ranging from subcrop / saprolite in the north to colluvium in the south.  The regionally significant north south trending Zuleika Shear is located 1.0 to 1.5 km east of the tenement.

Black Flag
The Black Flag is a single exploration licence application, consisting of 6 contiguous sub blocks (17.8km2), to the west of the Kalgoorlie – Menzies highway, approximately 20km North West of Kalgoorlie.  The tenement extends eastwards from the White Flag Lake and covers colluvium, lake sediment and eolian sands.  Bedrock geology consists of metasediments and volcanics of the Black Flag Beds forming the eastern limb of a regional anticline, with the fold axis located approximately 2.0km to the west of the tenement. 

Ora Banda South West
The Ora Banda South West consists of 11 contiguous prospecting licences (21.8km2) approximately 7.0km south west of the township of Ora Banda.  The project covers a folded sequence of metasediments and volcanics of the Black Flag Beds abutting the Kurrawang Formation sedimentary sequence to the south west and the layered gabbroic Orinda Sill to the north east.  The regionally significant Zuleika Shear Zone is located approximately 4.0km to the south west of the project.  Surface geology consists of colluvium and alluvium with limited subcrop to the north east.

Current Activity
Research of open file past exploration data and analysis of geochemical and geophysical surveys are now in progress to identify drilling targets specifically for sediment hosted gold mineralisation similar to the Invincible Gold Deposit located on the shore of Lake Lefroy near St Ives south of Kalgoorlie.  Refer to figure 1 below for the map of the tenements.

Figure 1 Map of the tenements


Research Agreement with CODES for the Discovery of Sediment Hosted Gold Deposits in Australia


Recent innovative research technology developed in the laser laboratory at CODES, the ARC Centre of Excellence in Ore Deposits and the University of Tasmania has produced a breakthrough in predicting periods during Earth history when gold was at peak concentrations in the oceans. The gold content of the oceans through time is a key factor in developing gold source rocks, which are the building blocks for generating world-class gold deposits in sedimentary basins and greenstone belts.
The research agreement with Codes provides the company with access to this technology and will give the company a leading position in the selection of target areas in Australia for follow-up exploration. The objective in the first three months is to identify target areas with the priority aged rock types that are suitable for gold ore deposit generation. This will be followed by an analytical program, using the CODES laser technology, to identify the best options for ground acquisition.
This innovative research to date has identified 7 large scale sediment hosted gold targets  in Australia with emphasis on Western Australia and South Australia which are now being further researched in terms of past exploration  activity and current land availability. Once this work is completed advice on location will be provided.
CODES established in 1989, is a world leader in research on the genesis of gold and basemetal deposits. CODES research scientists have won a number of international awards for research excellence and innovation related to mineral exploration
The scientific basis for the research for sediment hosted gold deposits is
The pyrite database developed over the past 10 years at CODES has identified when oceans were enriched in gold and other metals;
Gold deposition models indicate that gold in sediment hosted gold deposits is sourced from sedimentary host rocks; and
Identification of gold enriched sedimentary basins thus should lead to the discovery of gold deposits within those basins in geologically favourable structural positions.

Dan Gregory, loading samples into the laser chamber of the LA-ICPMS. CODES Laboratories, UTAS

Paul Olin changing samples ready for the next laser ablation round. CODES Laboratories, UTAS