Investing in a
new gold province
Koonenberry Gold Project is a Victorian-style orogenic Gold opportunity in a new and underexplored gold province. Early stage exploration and interpretation indicate considerable untested potential in this greenfields project area.
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Greenfields gold project
The Koonenberry Gold Project is located in north-western NSW, approximately 160km north-east of the major mining and cultural centre of Broken Hill and 40km west of the opal mining town of White Cliffs.
Koonenberry Gold Project is in a new and under explored gold province with geology
analgous with that of the Victorian Goldfields, in particular the Stawell Gold Mine – one of the two biggest gold mining sites in Victoria. The lithostratigraphy, structural style, mineralisation timing and tectonic setting support this comparison.
¹ Greenfield and Reid, 2006.
High-grade gold discovered in numerous reefs. Potential to be a major new gold district.
Limited previous exploration but with very encouraging results.
Regional trenching/ Geochem has identified 1 drill ready target & several near drill-ready priorities
Nuggets found near the surface
The project area covers a series of Mid-Cambrian marine sediments of the Koonenberry Formation, which were deposited in a volcanic arc environment prior to being deformed in the Late Cambrian Delamerian Orogeny. This orogeny is characterised by intense compressive deformation, resulting in tight to isoclinal upright folds and a vertical slaty cleavage.
Early-mover in emerging orogenic gold province
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Koonenberry Gold Project is a drill ready project with significant prospectivity in a new gold province with geology similar to the Stawell Gold Mine – one of the two biggest gold mining sites in Victoria.