Horseshoe Well and Milgun Projects
E52/3291 and E52/3248 – 85% Auris, 15% Gateway Projects WA Ltd
Horseshoe Well and Milgun Projects are regionally underexplored, largely due to the younger Edmund-Collier Group rocks covering prospective Bryah Group rocks in the north of the projects
Milgun tenement E52/3248 geology similar to Fortnum Wedge which has total production and resources of 2.2Moz. Rock chip and soil sampling within E52/3248 returned anomalous rock chip results up of 0.52ppm Au, 3470ppm As and 22.4ppm Sb within interpreted structural corridor which historically has returned historic sporadic gold and pathfinder elements within rock chip sampling and RAB drilling
Auger sampling on Horseshoe Well tenement E52/3291 in 2017 highlighted a coincident low level Cu-Pb-Zn anomaly in surface cover which correlates with interpreted Narracoota Formation
Regional Air Core drilling planned to evaluate geological, geophysical and geochemical target areas within both projects.