Our 100% owned Tallangallook Project is located near Bonnie Doon, approximately 150km north-east of Melbourne, within the Melbourne Zone of the Lachlan Fold Belt. This project covers much of the historic Tallangallook alluvial gold fields as well as the Golden Mountain gold deposit, which is a granite related gold skarn located within the Strathbogie granite, a 2000-kilometre-long geological feature which runs through north-east Victoria.
While Golden Mountain has been the subject of numerous drilling campaigns and resource studies since 1935, virtually no modern exploration has been conducted outside the immediate area which was historically mined.
We currently hold two active Exploration Licences in this area; EL006430 to the north east of Merton which was granted in January 2021 and EL007308 to the north of Taggerty, granted in May, 2018.
We have also submitted an application for Exploration Licence EL007421, south of Benalla, which is currently being reviewed by Earth Resources Regulations. The public submission period for this application has been completed.