FIRST HIT PROJECT
The Project incorporates ~28km² of tenements with 6 active Mining and Prospecting licences and 1 Exploration licence under application. At the core of this landholding is a 6.4km² group of contiguous tenements which host the historic First Hit gold mine.
Examples of the high-grade nature of the mineralisation previously drilled at First Hit include
- 4.9m at 64.8g/t Au from 62.1m (FHU045)
- 3m at 77.6g/t Au from 224.0m (BFH030)
- 4m at 26.1g/t Au from 58.0m (BFH005)
The Project area is well serviced by infrastructure and is located 50km west of the sealed Goldfields highway and the township of Menzies. The nearest operating Gold Processing Plant is the Davyhurst Mill 50km to the south, owned and operated by Ora Banda Mining (ASX:OBM). The nearest operating gold mine is the Riverina open pit, located 8km south of the First Hit gold mine, owned by OBM.