Paris Gold Project
The Company has concluded the purchase of the nine contiguous pre-native title mining leases and two prospecting leases from Austral Pacific Pty. Ltd. The 68km2 leases are situated within the Parker/Kambalda Domains of the Yilgarn Gold Field with access to nearby mills. The area, more commonly known as Higginsville, is centred some 40km east of Widgiemooltha, approximately 100kms south southeast of the main mining city of Kalgoorlie-Boulder.
The more recent gold mining operation between December 2016 and August 2017 was carried out at the Paris and HHH open cut mines on ML 15/247 and ML 15/248 respectively
Exploration Potential
Known gold-copper mineralisation extends over 800m within the tenements and comprises a tensional vein array with West-striking ore shoots controlled by the main WNW striking, bounding Paris Shear. These ore shoots remain open at depth and in each direction along strike.
A parallel mineralised shear occurs approximately 100m to the north of Paris. Previous drilling has recorded high grade gold intersections along this shear, such as:
Holes PP52, 5m @ 14.2g/t Au, and PP46, 4m @ 2.6g/t Au.
Drill testing of the north shear to date has been limited to selected targeting and to a maximum of 60m below surface.
Targets interpreted to have significant potential to extend and add to the known mineralisation are summarised below:
Down-plunge extensions of known ore shoots. The continuation of these shoots below the level of mining is supported by high grade drill intersection from both Julia Mines and WMC (see below)
Additional lodes beyond the southern end of the Paris pit
Known gold-copper mineralisation extends over 800m within the tenements and comprises a tensional vein array with West-striking ore shoots controlled by the main WNW striking, bounding Paris Shear. These ore shoots remain open at depth and in each direction along strike.
A parallel mineralised shear occurs approximately 100m to the north of Paris. Previous drilling has recorded high grade gold intersections along this shear, such as:
Holes PP52, 5m @ 14.2g/t Au, and PP46, 4m @ 2.6g/t Au.
Drill testing of the north shear to date has been limited to selected targeting and to a maximum of 60m below surface.
Targets interpreted to have significant potential to extend and add to the known mineralisation are summarised below:
Down-plunge extensions of known ore shoots. The continuation of these shoots below the level of mining is supported by high grade drill intersection from both Julia Mines and WMC (see below)
Additional lodes beyond the southern end of the Paris pit