PROJECT OVERVIEW

The Deep Dykes Project comprises three granted exploration licences (E29/1154, E29/1155, E29/1156) and one application (E30/590), covering approximately 100 km² within the Mt Ida–Ularring Greenstone Belt of the Eastern Goldfields Province, Western Australia. Located about 100 km northwest of Menzies and 210 km north-northwest of Kalgoorlie, the project lies in a highly prospective geological setting known for hosting multiple significant gold deposits. The tenure sits directly along strike of the Bottle Creek deposits, which contain 371 koz of gold and 4.38 Moz of silver¹, highlighting its strong regional prospectivity. Despite this, the northwestern portion of the belt—where Deep Dykes is situated—has seen limited, iron-focused exploration, leaving a major gap in gold geochemical data. The area contains favourable lithologies and structures, including mafic–ultramafic sequences, banded iron formations, and proximity to the Ida Fault Zone, all conducive to orogenic gold mineralisation.

Geological Map of the Deep Dykes Project showing the location of nearby deposits
1:500k bedrock geological map of the Deep Dykes Project showing the location of nearby significant drilling and surface sampling results

DEEP DYKES PROJECT
(E29/1154, 55, 56 & E30/590)

Untested Gold System in a Proven Belt

  • Ida Fault Zone – major gold-bearing structure transects tenure
  • Favourable geology – BIFs + mafic–felsic contacts, classic Archean hosts
  • Evidence nearby – up to 1.0 g/t Au in lag; gold in drillholes <1 km from boundary
  • Untested for gold – Hancock’s iron ore focus left this ground untouched
  • Proven analogues – geology comparable to Mt Ida (1.1Moz @ 3.33 g/t Au)1 & Marda (300 koz @ 2 g/t Au)2

DEEP DYKES PROJECT
(E29/1154, 55, 56 & E30/590)

A Blank Spot in a Proven Gold Belt

  • Regional datasets show no surface sampling across the Deep Dykes tenure
  • Represents 22 km of highly prospective greenstone belt left untouched for gold
  • Surrounding areas with similar geology host multiple gold deposits and anomalies
  • Unique opportunity: systematic sampling here for the first time could unlock a major discovery
Tenement map of the Deep Dykes Project showing the location of historical surface sampling in the region

1 https://announcements.asx.com.au/asxpdf/20200814/pdf/44lj6rj9wqk8r0.pdf
2 https://www.rameliusresources.com.au/wp-content/uploads/bsk-pdf-manager/2019/06/2019-06-17-Life-of-Mine-and-Tampia-Update.pdf