Tarnagulla Gold Project

The Tarnagulla Gold Project comprises the Exploration Licence EL006780 and is located ~180km NE of Melbourne. This tenement (~5km2) is centrally located within the historic and highly prospective, Tarnagulla goldfield.  This goldfield is similar in setting, age, host rock (Ordovician) and structurally controlled mineralisation style as other Bendigo Zone (Central Victoria) gold deposits with ~700 koz of historical gold production*. This tenement is considered highly prospective as it contains a trend of historical high-grade mine workings approximately 1km along strike of the historic “Poverty Reef Mine” with a reported historic production of 360,000oz @ 92 g/t Au*.

*Krokowski De Vickerod, J., Cuffley, B., Evans, T., 2001. Tarnagulla Goldfield, Central Victoria, 1:10,000 Map Geological Report. Victorian Initiative for Minerals and Petroleum (VIMP) Report 71. Department of Natural resources and Environment.