Yamarna

The Yamarna project is located approximately 130 kilometres east of Laverton, and approximately 30 kilometres west of the Gruyere gold deposit in the Eastern Goldfields District of Western Australia.

Under the Yamarna Joint Venture Agreement, the Company has the right to earn a 75% interest in the Yamarna Project by funding exploration expenditure of $2,000,000 over a 5 year period.

Early work at the Yamarna Project indicates significant potential for gold and Ni-Cu-PGE mineralisation, with the project containing similar internal granite suites to that which host the Gruyere deposit.

Further, major structural corridors associated with the Yamarna and Jutson Rocks greenstone belts traverse the Yamarna Project area, with several north-west and northeast trending cross-cutting faults transecting these regional structural corridors. Significant gold mineralisation has been recognised immediately east of the Yamarna Project along the Attila-Alaric trend (Yamarna greenstone belt) and along the Gruyere trend (Dorothy Hills greenstone belt).

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Yamarna XTEM