Exploration Licence (EL6430) applied for in early 2017 covering 136 km²

in Victoria and was granted on 8th May 2018 for 2 years with optional extensions to 5 years.

Two types of hard-rock mineralized deposits are to be targeted:

Disseminated granite related gold mineralisation associated with the Strathbogie granite

Epizonal gold deposits associated with massive stibnite or disseminated sulphide mineralisation

Granite related disseminated gold mineralisation

such as Golden Mountain as well as various epizonal (Au-Sb-As) quartz veins. (eg. Heyfield Reef)

GOLDEN MOUNTAIN PLAN SECTION LOCATOR

  • Various gold mineralized shoots present as a result of intersecting favorable E-W carbonaceous beds and the N-S main fault
  • Gold mineralization is open in most directions
  • Significant potential remains for drilling along the E-W beds & along the N-S fault zone

GOLDEN MOUNTAIN 1940mN CROSS SECTION

GOLDEN MOUNTAIN LONG SECTION

GOLDEN MOUNTAIN HISTORIC MINE PLAN

GOLDEN MOUNTAIN 3D VIEW

  • Golden Mountain mineralized zone domains, showing the development of mineralised mineralized pipes as a result of intersecting fault zones and favourable beds
  • Red zones are carbonaceous beds.
  • All zones are gold mineralised
  • Other pipe-like zones occur in the surrounding area, such as at Wolfe’s and Faulk’s open cuts

GOLDEN MOUNTAIN LONG PROJECTION

DRILL TARGETS AT GOLDEN MOUNTAIN

North Shoot has not been drilled effectively with holes generally clipping the projected mineralized shoot

Near surface shallow drilling is required to detail some of the various mineralized zones

Drilling of satellite prospects with either Au-As-Sb signatures or Golden Mountain pipe type (eg Heyfield, Faulk’s)