From there website The Yuinmery Project is located 80km to the...

From there website
The Yuinmery Project is located 80km to the southwest of Sandstone in the Youanmi Gold Mining District, approximately 10km east of the Youanmi Gold Mine (ASX:RXL and VMC), and adjacent to the Yuinmery Cu-Au Project (ASX:ERL). It is composed of a single exploration licence (tenement E57/1043) that was acquired in late 2019.The area is experiencing a significant upswing in activity thanks to the high-grade Penny North (ASX:RMS) and Grace (ASX:RXL) discoveries.The region is traversed by the north to north-northeast trending Youanmi Shear Zone, a major crustal structure that marks the boundary between the Murchison and Southern Cross domains. Gold mineralisation in the region appears to be correlated with secondary northwest trending structures intersecting the main Youanmi Shear.The Yuinmery Project area contains approximately 9km strike length of the Yuinmery Shear. This sheared granite-greenstone contact represents a favourable structural target for gold mineralisation.First pass targeting by Golden Mile has defined several anomalies defined by ‘indicator’ minerals associated with mineralisation and hydrothermal alteration and detailed ground magnetics and soils have been collected by the Company over a section of these targets.The Company defined a significant NNE trending gold-in-soil anomalies over 800m strike at Elephants Reef and Ladies Patch has (Refer G88 ASX announcement 12/11/20) which correlate with historic gold-in-soil & multi-element pathfinder assays. Another soil sampling program identified several new targets including Grey Beard for gold and the Fitz Bore area shaping up as an exciting nickel-copper play. These newly identified targets are in addition to samples confirming the broad zone of gold anomalism at the Elephant Reef and Ladies Patch prospects which are adjacent to a major controlling structure in an exploration hot spot.Further ground-based work is planned to advance exploration on these exciting targets at Yuinmery including infill soil sampling, aircore drilling traverses and deeper RC to follow up historical intersections.While Golden Mile’s primary focus for the Yuinmery Project is gold, the Company notes the potential for the Yuinmery Greenstone Belt to host polymetallic VMS and Cu-Ni-PGM deposits such as Empire Resource’s (ASX:ERL) adjacent Yuinmery Cu-Au project (refer ERL ASX Announcement 23 July 2020).