The Lachlan Fold Belt is a leading Australian province for bulk tonnage, low operating cost gold-base metal mines such as the Tomingley Gold Mine (Alkane Resources Ltd), North Parkes Gold Mine (CMOC Resources Ltd), Copper Hill Mine (Golden Cross Resources Ltd) and Cadia Gold Mine (Newcrest Mining Limited). The Company’s Lachlan Fold Belt projects are divided into four key areas: the Calarie Project, the Wisemans Creek Project, the Copper Hill Project and the Boda Project.
The Calarie Project and the Wisemans Creek Project are the initial primary focus of the Company, building on recent historical exploration activities which have identified significant gold and other base metal targets. Planned exploration activities, including validation of the historical resource on the Calarie Project through drilling and geophysics and confirmation of existing mineralisation revealed from historical drilling at Wisemans Creek (and testing for potential extensions at depth) provide the Company with excellent near term opportunities to further develop these projects.
In Western Australia, the Eastern Goldfields region is located within the Eastern Goldfields Superterrane and is located approximately 50km east of the regional town of Kalgoorlie in the area around the Imperial Majestic Gold Mine, Mt Monger Gold Mine and Kalgoorlie Golden Mile. The Company’s Eastern Goldfield projects are divided into two key areas: the Majestic Project and the Kurnalpi Project. The Company plans to build on recent detailed mapping and targeting studies areas over the Majestic Project and Kurnalpi Project and the compilation of a comprehensive dataset of historical exploration data (including geological and geophysical data, over 13,000 auger samples and 5,000 drill holes) through further geophysics and geochemistry to confirm mineralised trends for follow up exploration.
It is anticipated that OMX will list on the ASX during December 2021.
Orange Minerals NL
Orange Minerals is a gold and copper exploration company with projects on the historic Lachlan Fold Belt in New South Wales and the Eastern Goldfields in Western Australia. A Perth based exploration company that is focused on the 14 Mile Well Project area in the Laverton Greenstone Belt…
www.orangeminerals.com.au
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