Spitfire
Highlights
- Targeting orogenic Au-Ag mineralisation in laterally extensive flat-lying quartz veins adjacent to a diorite intrusion
- A number of flat-lying high-grade veins are stacked within ~25m horizon
- Limited previous exploration, no drilling of high-grade veins
- Previous explorers targeted low-grade Cu-Au mineralisation (IOCG style)
- G50 has extensive data from previous explorers (Kinross Gold USA)
Historical Mill Foundations at Lithia Mine with Horizontal Line of Workings Above
The Historic Entrance of the Spitfire Mine
Exploration Overview
- Initial 49 rock chip samples collected by G50 included:
- 34 samples >1g/t Au averaging 22g/t Au and 66g/t Ag
- 20 samples >10g/t Au averaging 35g/t Au and 75g/t Ag
- Further mapping, surface sampling & geophysical surveys
- Maiden RC drilling program completed March 2022