100%
The Albany-Fraser Project covers an area of approximately 223 km2 and is located 330km northeast of Kalgoorlie, Western Australia. The project comprises exploration license EL39/2238 and ELA28/3149 and is prospective for gold, copper and nickel mineral systems. The Project is proximal to the +7 Moz Tropicana gold mine which is owned and operated under a joint venture agreement between AngloGold Ashanti and IGO Limited.
Several regional geophysical surveys and some electromagnetic surveys have been previously completed on the tenure with limited, shallow air core drilling completed, but no deep (+100m) drilling has been completed. The Company has the benefit of extensive historical datasets to leverage from and a refined target area to complete detailed work on the tenements which have previously been somewhat overlooked.