Projects
Red Dam Gold Project (100% Carbine)
The Red Dam Project is located in Archaean greenstone 45km northwest of Kalgoorlie in Western Australia within the well mineralised old gold mining Carbine region. The region was first prospected during the gold rush of the 1890s resulting in significant production from the old mining centres of Carbine, Ora Banda, Grants Patch, Broads Dam, Blue Funnel, Zuleika, and many more. Considerable work in the 1980s gold boom located new mines, with many companies redeveloping old mining centres. The northwest trending structural corridor containing Red Dam, the Carbine -Telegraph Shear Zone, has current gold resources exceeding 5 Moz including Kundana, White Foil, Frogs Legs, Mungari East and Carbine.
RAB, aircore, reverse circulation and diamond drilling to date have outlined significant gold anomalism in several stratigraphic positions throughout the volcano-sedimentary package in particular at the Petrus gold deposit located at the north western end of the project area. Host lithologies to strong gold mineralisation at the Petrus Prospect, consist of a “central corridor” of northwest striking, steeply easterly dipping mafic/sediment package. To the east of this central corridor, broad supergene mineralisation has been intersected within a volcanoclastic sedimentary package. To the west of the central corridor several other anomalous zones have been intersected within talc-chlorite ultramafics. |  |
