I just found the co, that has a gold deposit just south of Peterlumbo (which thus shows nearology for commercial gold deposits) .
The co, was Trafford Resources that then merged & became Tyranna Resouces ... then Alliance ... now privately owned. Exploration Licence (EL) 6188 in the Wilcherry Hill area.
quote : In November 2020 the gold and iron mineral resources for the Weednanna Gold-Iron Deposit was updated. The deposit is estimated to contain 1,106,000 tonnes grading 4.3 g/t gold for 152,000 ounces of gold and 1,150,000 tonnes grading 59.4 % iron. The dimensions of the Mineral Resource area are 1,300 m (north-south), 600 m (east-west) and from surface to a maximum depth of 220m.
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