Randalls North Project

Randalls North Project

Western Australia

The Randalls North Project is a strategically positioned gold exploration venture located approximately 65 kilometres southeast of Kalgoorlie. The Project spans an area of 106 km², comprising a contiguous block of tenements, with two already granted and six pending approval.

The Randalls North Project is situated directly adjacent to Silver Lake Resources’ (SLR) Mt Belches Mining Centre, which features 179,000 ounces of ore reserves and 1,209,000 ounces of mineral reserves. With an ore reserve grade of 6.0 grams per tonne and quarterly gold production of 23,429 ounces, the proximity of Randalls North to this significant gold-producing area highlights the Project’s strong potential for similar high-grade discoveries.

Geological analysis of the Randalls North Project area has revealed clearly defined structural features in regional magnetic data. Notably, southeast-northwest geological and structural trends observed in the SLR mining area extend into the Randalls North tenement E 25/573, highlighting the geological continuity and potential for resource extension.

Exploration efforts will initially focus on areas identified by stippled magnetics and highlighted Areas of Interest (AOIs), which have been marked as key targets. Priority will be given to testing three specific target areas within the E25/573 tenement, where sufficient air core drilling can penetrate the overburden, estimated at approximately 30 metres in depth.