Widgiemooltha Dome Gold Exploration

Mincor’s tenements at the Widgiemooltha Dome are surrounded by the Higginsville gold camp (>2 million ounces) and the now-completed but highly profitable Chalice (600,000 ounces) and Wattle Dam (260,000 ounces) gold mines. The structures that control these major gold camps extend onto Mincor’s tenements confirming their prospectivity. A number of high quality extensional and greenfields gold targets have been identified on Mincor’s holdings in the Widgiemooltha region.

Regional map of Widgiemooltha gold potential

North Widgiemooltha Gold Exploration

The North Widgiemooltha area holds considerable exploration upside as a large cumulative strike length of the prospective shear zone between West Oliver, the Hronsky Pit, Flinders and the Darlek pit is untested by drilling. Numerous historical artisanal workings occur along these trends with highly anomalous grab samples containing over 1 g/t gold. A GSWA survey of Abandoned Mines in 2003 had confirmed the presence of 811 artisanal shafts on Mincor’s ground holdings at Widgiemooltha. Exploration of these trends commenced in the July 2016 drilling campaign, and success could significantly broaden the resource base of the area. The area has not been subject to sustained gold exploration for nearly 20 years.

North Widgiemooltha exploration potential

Compilation of previous drill hole intersections outside of existing resources has commenced and has already identified a number of opportunities. Some of these are shown in the diagram, with intersections of 6 metres @ 3.37 g/t Au and 3 metres @ 8.79 g/t Au around the Rio Grande prospect, and 8 metres @ 2.45 g/t Au, etc., from the Nottingham Castle prospect area. Other isolated intersections are coincident with subsidiary structures linking the known Resource areas such as 6 metres @ 2.87 g/t Au and 5 metres @ 3.88 g/t Au. Details of these holes were reported in Mincor’s June 2016 quarterly report (click here).

Significantly, all five resource-level projects at North Widgiemooltha remain open both along strike and dip.