Jarama Project
FIRST PHASE DRILLING PROGRAM COMPLETE
GEOLOGICAL SETTING
- Project located 40km east of Paynes Find
- Situated in the Yalgoo-Singleton Greenstone Belt, within the highly prospective Murchison Domain of the of the Yilgarn Craton
- Mafic/ultramafic lithological units are flanked by granites, presenting a potential mineralised fluid trap
- Surrounded by several significant gold projects:
- Yidby Gold Project (56m @ 1.97g/t and 40m @ 3.01g/t) – 17km to the south
- Mount Gibson Gold Project – 60km to the south
- Rothsay Gold Project – 34km to the west
- Golden Dragon Gold Project (+1M oz) – 47km to the northwest
- Kirkalocka Gold Project (+1M oz) – 74km to the northeast
PREVIOUS EXPLORATION
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No previous drilling or geochemical sampling
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Limited exploration to date due to transported regolith over prospective geology
First Strike Exploration
Phase 1
- Field reconnaissance and verification of targeting – Completed
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Regional-scale RC drill program – Completed
Phase 2
- Follow up RC drilling on Au anomaly identified during Phase 1 drilling