8 Mile Project
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8 Mile Project – (100% MBK) – Gold
8 Mile project consists of exploration licence application (255km2) over an interpreted large-scale alteration system near the Mt Rawdon gold deposit in south-east Queensland, Australia.
Multiple alteration targets identified from reprocessed airborne geophysics data is interpreted to represent a large-scale hydrothermal gold system, supported by previous wide-spaced stream sediment geochemical data collected during the 1980’s and 1990’s.
The licence application also includes the historical Perry goldfields in the south-east of the application area, where limited previous drilling completed by Placer Exploration in 1995 intersected broad low-grade gold intersections as part of a porphyry-style gold system.
8 Mile Project
Competent Persons Statement The information in this document that relates to Exploration Results is based on information compiled or reviewed by Mr Tony Schreck, who is a Member of The Australasian Institute of Geoscientists. Mr Schreck is an employee of the Company. Mr Schreck has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Schreck consents to the inclusion in the report of the matters based on his information in the form and context in which it applies. The Exploration Targets described in this summary of projects are conceptual in nature and there is insufficient information to establish whether further exploration will result in the determination of Mineral Resources. Any resources referred to in this summary are not based on estimations of Ore Reserves or Mineral Resources made in accordance with the JORC Code and caution should be exercised in any external technical or economic evaluation.