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Gold Mining Lease
Project Category: Exploration
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Granted Gold lease for sale.
The “Missing Mine” is located just south of Menzies , Western Australia.
Situated between Heron Resources ,( “Highway” Nickel and Cobalt deposit, with a Indicated resource of 52.9 M/T of Ni @0.66% and Co at 0.042%. ) and Rembrandts, Monet and Moriaty gold prospects to the north and east.( 510kg au @ 6 g/t. Wamex)
Geological field reconnaissance including results from grab samples produced very encouraging ore -grade results, such as 82.8 ppm, 13.3ppm, 7.7ppm and 4ppm. These results were taken from two locations of mullock near an open stope with a large collapsed wooden headframe and a small scraping.
Samples of quartz collected from a small dozer excavation, were located some 300m south of the open stope, and returned ore-grade results. (Heron Resources).
Numerous old boys pushings and scrapes on the lease.
This lease would suit a small syndicate wishing to explore the hard rock and alluvial potential of the lease.
This lease is ready to be dealt with , is native title cleared, has phone reception from top of hill, and close to Menzies and Kalgoorlie.
Area of lease is 77.5 ha ( 191.5 acres )
Originally from Gumtree: https://www.gumtree.com.au/s-ad/menzies/business-for-sale/gold-mining-lease/1152844458
Date Listed: 20/06/2017
Mobile: 0419966968
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Total Resource Estimate (M+I+I): 52.9 M/T of Ni @0.66% and Co at 0.042%
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