Golden Mile Resources Darlot Gold Project ('Darlot') covers over 10 kilometres of strike along the granite-greenstone contact, adjacent and to the east, of the Darlot-Centenary gold mine (which is not an asset of Golden Mile). The project hosts a number of targets, including a 1,500 metre long geochemical anomaly with surface gold values of up to 600 ppb (0.6 gpt).
DARLOT GOLD PROJECT
The Darlot Gold Project is located 120 km north of Leonora and 350km north of Kalgoorlie. The project is composed of one granted exploration licence (E37/1248) and lies within the Northeastern Goldfields of Western Australia. The project area can be accessed by heading north from Leonora on the Leonora-Leinster road then east along the Darlot road.
The project lies adjacent to, and east of, the multi-million ounce Darlot-Centenary gold mine owned and operated by Red 5 Ltd.
Gold mineralisation within the project area is predominantly hosted by quartz veining within weakly deformed mafic rocks.
The Darlot Project has been held by various small exploration and mining company’s but has been the subject of a limited exploration program, focused on quartz vein hosted gold.
Recent soil sampling indicates the presence of a northeast trending structure through the tenement area. This structure, and the NW striking Eldorado shear in the southern part of the tenement, show strong potential to host significant gold mineralisation, with the 1,500 metre long Rosewood South anomaly providing a significant target for drill testing.
Limited drilling by previous workers, within the tenement area, has returned anomalous gold mineralisation which has yet to be adequately followed up in any way. Initial reconnaissance indicates that recent drilling by Red 5 extends to Golden Mile's tenement boundary, providing further encouragement for future exploration.
Exploration on the Darlot Project will initially focus on a detailed review of the available exploration data. This is intended to ensure all data sets are compiled and evaluated to produce geological interpretations that will better focus the exploration efforts.