Claw Gold Project

MINERALISATION POTENTIAL

Abutting Australia’s newest 2Moz Gold Project

TENURE AND GEOLOGICAL SETTING

  • 134km2 project area

  • 33km of prospective strike

  • 80% of tenement area regolith covered with limited previous exploration

  • Located 290 km’s northeast of Perth in the Murchison Province, 150km’s SSE of Yalgoo (Golden Grove VHMS base metal deposits) and 240 km’s SSW of Cue and the Big Bell and other lode gold mines

  • Hosted with the Yalgoo Greenstone belt and related structures that host mineralisation at Mt Gibson (2.1Moz) 

  • Southern extension of the Mt Gibson shear zone interpreted via magnetics to continue into license area

  • Capricorn Metals (ASX: CMM) recently acquired Mt Gibson for a total consideration of A$39.6 million

  • Proposed Mt Gibson pit wall <1km from northern boundary

  • Capricorn updated the Inferred Mineral Resource Estimate now 79.7Mt @ 0.8g/t Au for 2.1 Moz of gold.

CLAW PROJECT

  • Review of historical open file drill data identified two drill-ready gold anomalies – Chickie and Lewi

  • Chickie is a large 1,000m x 500m ready-to-drill gold-in-regolith anomaly – with the underlying fresh rock, the potential primary source of gold mineralisation, untested. 

  • The Lewi anomaly is a 1,200 x 400m gold-in-regolith anomaly located on the northern margin of the Project and is open towards the Mount Gibson Gold Project

PLANNED EXPLORATION

  • Aero-magentic survey scheduled for December 2021

  • Geochemical surveys to commence upon tenement grant in Q1 2022

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