AustralasiaGold
Limited
ABN 93 104 757 904 |
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Australasia
Gold owns four regional projects:
(The projects are more fully described
on this website, by clicking on the indicated text links
or on the location on the map.)
- In the Otago goldfield
in the South Island of New Zealand - the Wetherstones gold
deposit and associated exploration tenements. Targets are
relatively high grade palaeoplacer deposits with up to
1 million ounces of contained gold and primary lode
gold deposits of
medium grade and up to several million ounces of contained
gold.
- In the Pine
Creek gold province in the Northern
Territory - the Glencoe
gold deposit and associated exploration tenements.
The Company
aims to generate early cash flow by mining the Glencoe
gold deposit
(subject to feasibility) and to discover lode and Callie-style
gold
deposits of medium grade and multi-million ounce magnitude
in the
extensions of Glencoe and at shallow depth elsewhere.
- In the Lachlan Fold
Belt, New South Wales - the
Lucknow Exploration Licence. Targets indicated
by deposits in the district range from vein mineralisation
containing hundreds of thousands of
ounces at high grade to the multi-million ounce stockwork
deposits of lower grade.
- In the Eyre
Peninsula South
Australia - the Murninnie copper gold prospect, situated
in the southern part of the “Olympic Domain” -
the geological province containing Prominent Hill, Olympic
Dam (Roxby Downs), Carrapateena and Moonta-Wallaroo iron-oxide-copper-gold
(“IOCG”) deposits;
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