BLICKS PROJECT (Anchor 100%)
New South Wales – gold, copper, molybdenum & tungsten
Following a significant amount of exploration, including shallow drilling at the Blicks project – Tyringham prospect, a large intrusion-related gold system ( IRGS ), has been discovered and limited drilling has intersected extremely long zones of low grade gold mineralisation near surface. The style of mineralisation intersected is interpreted as leakage from a postulated deeper, higher grade, primary IRGS source. IRGS gold deposits often contain more than 1 Million ounces of gold and up to 10 Million ounces and have in recent years become major global gold producers.
Two other large, granite-related mineral systems, Tuting and Navin prospects, occur within a mineralised transverse corridor extending northeast from Tyringham. These contain copper, molybdenum, tungsten and gold.
At Blicks the large Tyringham IRGS and Tuting granite-related prospects are drill-ready and have potential to host major deposits.