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Bullabulling Gold Project
Bullabulling Highlights
- JORC reported mineral resource 2.6Moz contained gold
- Part of Yilgarn Craton, home to in excess of 160 gold deposits
- Previously produced 371,000 oz Au (1.45 g/t) in late 1990's
- Excellent potential for shallow high margin operation
- Existing fully licensed mine with water, road access and power
- Geological modelling identified continuous gold zones at 3 to 4 g/t Au within a broad 0.5 to 1.5 g/t envelope in primary mineralisation
- Gold mineralisation open along 12kms, and below 180m
- 131 km2 permitted tenements including pastoral lease
- Current drill program expected to upgrade and add further ounces - targeting end December 2011 for program completion
- Auzex team managing the development of the project