Kaiser Reef Gold had the wherewithal to buy two [2] orogen/epizonal [bonanza gold] mines
at a bargain price. Victoria's Gold deposits are some of the of the largest producing gold regions
on the planet. These deposits lie at depths between 800 to 4000 meters. and were created by
mountain formation. [Kaiser at 700 meters]
***
Agnico Eagles Fosterville- mines two main production areas- the Harrier/Phoenix zones and
remain the primary focus at depths of 800m and 1.4 km.
***
Great Pacific Gold acquired Fosterville South in June 2023. Rex Motton one of the original
founders of Fosterville in conjunction with Currawong resources [exploratory arm] 'cherry
picked' the Bendigo/Walhalla Gold leases over a five year period. [2016/2021] with a focus
on the 400+historical high grade Gold workings throughout the 125 km length of the Walhalla
zone.
***
Today, Great Pacific Gold [GPG] has a new CEO who is now 'evaluating' the company's non-core
assets. [After cherry picking ] Greg Mc Cunn [many think he is] is looking to maximize value
from the company's assets as part of the process. The company 'may' consider "Asset Sales"
project spin-outs, and/or 'other transactions'. [hold that thought]
Hence, Reedy Creek [ adjacent to Southern Cross Gold] is now up for grabs. But will retain the
Lauriston's Comet/Trojan target [just south of Fosterville] with a 4.5km Epizonal/ Orogenic
system . Drill hits at 166/gt and 400/gt with further news pending.
***
GPGs main focus now is on their recently acquired Walhalla/Woods Point project containing
a 'High Priority -Greenfields'- target called Pinnacles. Extensive soil geochemistry coupled with
underground radar has highlighted a 400m by 1,100 m Gold mineralized Dyke which contains
'disseminated' [shot through] sulphides and large outcrops at the surface. Rock chip sampling
from these outcrops' have yielded 81 m at 1g/t- 18m at 328 g/t and 26m at 206 g/t. Pinnacles
is 10 km south of the A1 mine.
The prospect area is 'dominated' by the Pinnacles 'Golden Lilly' Gold mineralized 'Fault Zone'.
With a strike length of -5km- and a series of -dozens- of historical Gold workings throughout its
length and testing confirms a 'Strong' au-as-sb-Epizonal-signature of solid mineralization and is
likely an Intrusion Related Gold Target. [IRG] These systems are characterized by large zones of
'Parallel' sheeted Gold bearing quartz veins and veinlets. [Think Fosterville/ Costerfield].
***
The A1 Gold Mine has reached a depth of 700 meters. Along the mine corridor [little dykes] finger
dykes were observed at different levels. The gold mineralization is hosted mainly within the dyke
rocks. But where sedimentary rocks are intensely silicified the gold mineralization continues across
these rocks and form a 'second ore host'. In the 150m long duke bulge the extremities are marked
by multiple dyke fingers going both north and south. And are clearly observed both vertically and
horizontally and have 'collectively' formed the A1 dyke corridor.
***
There have been more than 17 dyke 'phases' at the A1 duke bulge. When dykes are injected with
magma, they fracture and push apart the surrounding rock producing small earthquakes. With
continued dyke injection these fractures develop into faults where rock on one side of the crack
starts to slip past the other creating 'Reverse Faults'. The A1 dyke is 'cut and offset' by a series of
reverse faults -that host most of the 'Gold bearing vein deposits'.
***
Its early days yet, but with stacked zones of Gold mineralization already apparent throughout the
A1 700 meter corridor it doesn't take too much grey matter to imagine a more positive outcome for
Kaisers advanced project in the Alps. That the Canadians are soon to work the Pinnacles and Kaiser
baiting the hook with: Joint ventures/acquisitions/ and third party negotiations etc- the 'dots' are
starting to join up.
***
Success at the A1 could create a -Spark- that shoots a golden glow across the Victorian Alps triggering
a rush like no other. It happened in the 1850s-1860s mining the 'low hanging fruit'-and it can happen
again. Only this time around, it will be in the Golden Deeps. Go get it Kaiser.
Go well,
Hm
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24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $142.4M |
Open | High | Low | Value | Volume |
24.5¢ | 25.3¢ | 23.5¢ | $1.071M | 4.403M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 119399 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 144863 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20833 | 0.240 |
7 | 353605 | 0.235 |
2 | 25869 | 0.230 |
5 | 281000 | 0.225 |
6 | 933004 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 144863 | 2 |
0.250 | 300000 | 2 |
0.255 | 100000 | 1 |
0.260 | 54081 | 2 |
0.265 | 33586 | 2 |
Last trade - 16.10pm 10/09/2025 (20 minute delay) ? |
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