SLATE DAM GOLD PROJECT The granted Slate Dam, Mulga Dam and Juglah exploration licenses (E25/553, E25/534, E25/556 and E25/558) cover 209km2 of felsic sediments to the east of the Glandore Gold Project, held in joint venture with Southern Gold Ltd. The leases were applied for when geological evaluation of the felsic units identified similarities to the style gold modelled in sediments at Gold Fields Ltd.’s large scale Invincible gold projects near Kambalda.
The previously reported 7km2 200ppb gold anomaly of Slate Dam (Figure 2) is indicative of this type of orebody and amply demonstrates this area to be a large gold system. The highly anomalous Slate Dam Project (100% AAJ, 209km2) is expected to have the Section 18 Ministerial Consent issued in mid-November that will allow planned drilling to commence.
