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Eidsvold Project – (100% MBK) – Gold
Early success targeting geophysical anomalies beneath sediment cover along strike from an historical goldfield.
- 250km2 of virtually unexplored, prospective fertile intrusive complex – 85% under sediment cover
- Entire intrusive complex secured
- Magnetite destruction (magnetic lows) an important targeting tool – similar to other large gold mines in Eastern Australia
- Detailed airborne geophysics planned
- Located between the Cracow 3Moz and Mt Rawdon 2Moz gold mines
Exploration Success at Eidsvold – Using geophysics to target large gold systems concealed by sediment cover around an historical goldfield.
Further information is available by clicking the following MBK ASX releases
Mt Brady prospect
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.