The Companys 100% owned Redcliffe Gold Project is located 45-60km northeast of Leonora in the Eastern Goldfields Region of Western Australia. The Redcliffe Gold Project area comprises ~ 300 square km of tenure. The company currently has a Mineral Resource Estimate of 537,862 oz of gold (12.53Mt @ 1.34g/t Au) in both the Indicated (1.75Mt @ 2.23 g/t) and Inferred (10.77Mt @ 1.19 g/t) categories.
The Company has a history of efficient and effective exploration, with 70% of funds going directly into exploration and a high discovery rate, with the last resource updated for less than $15/oz.
The recent Hub discovery is a high grade shallow deposit that has the potential to make a material impact on the Company's resource base.