 |
Rock chip sample - Leonora East
|
| Sample |
Au grams/tonne
|
| NW14401 |
5.25 |
| NW14402 |
68.80 |
| NW14404 |
7.48 |
| NW14413 |
13.20 |
| NW14417 |
10.30 |
| NW14418 |
6.07 |
| NW14419 |
13.50 |
|
|
|
|
|
GME and its subsidiary Golden Cliffs NL own a number of prospective gold projects in the Leonora – Laverton region. The amount of work undertaken on the respective areas varies from soil sampling through to diamond drilling and resource definition.
The majority of the tenements that make up the gold assets are in the process of reversion, where new prospecting licenses have been applied for but are yet to be granted. Several new tenements were applied for that either adjoined existing holdings or were considered prospective for gold or base metals.
Mapping and rock chip sampling was completed on the granted tenements in the Leonora East tenement holding. Fifteen of the thirty one samples taken from around old workings returned gold assays of 1 gram per tonne or better. Further work is required to ascertain the potential of the area. The better results from the sampling program are listed in the table to the right.
The Company is currently reviewing the structure of the gold assets in GME.
|
