Myrtle Gold Project
The Myrtle Gold Project, comprises Exploration Licence EL007323 and is located within the highly endowed Bendigo Zone of the Central Victorian Goldfields, covering 44km2 of highly prospective goldfields geology, 30km south of the high-grade Fosterville Gold Mine.
The Myrtle Gold Project is situated within the favourable hanging-wall position of the major regional Axe Creek Fault and is considered highly prospective for high-grade Fosterville-style mineralisation. The Project is strategically located adjacent to Agnico Eagle Mines (NYSE: AEM) exploration tenure immediately to the west and east. Although located between several major goldfields, the Myrtle Gold Project is considered under-explored as it has not been subjected to any systematic modern exploration and no known historical drilling.