PROJECT OVERVIEW

The Peak View Project comprises two adjacent exploration licences (EL 9411 and EL 8931) covering 122 km² within the Lachlan Fold Belt near Cooma, New South Wales. The project is prospective for gold, silver, copper and other base metals, with known, high-grade VMS mineralisation extending over 1.3 km and remaining open along strike. Within EL 8931, around 10 km of highly prospective granitic contact hosts several mineralised occurrences, including the Big Badja Ag-Pb-Au Mine, where historic assays reached up to 9,469 g/t Ag1 10.22 kg/t Au2, yet the area has never been drill tested. A strong 3 km Pb-Zn soil anomaly and additional untested prospects such as Umeralla Mountain and Undoo Creek highlight the significant untapped potential of this underexplored project.

Project location map on geology and deposits/mines of the Lachlan Fold Belt
Bouguer gravity image on tilt-angle filtered magnetic imagery with Lachlan Orogen structures and mineral occurrences

PEAK VIEW PROSPECT (EL9411)

Outstanding Structural Architecture with District-Scale Potential

  • <50km along strike from the historic, high-grade Captains Flat Zn-Pb-Ag-Cu-Au Mine, on the same mineralised Narongo Fault
  • Captains Flat delivered exceptional production: 406kt Zn, 244kt Pb, 27kt Cu, 7.4Moz Ag and 220koz Au from just 4Mt of ore3
  • 30 recorded mineral occurrences between Captains Flat and the Peak View Prospect highlighting the fertility of the Narongo Fault
  • Narongo Fault extends for >18km through EL9411, offering significant exploration upside
  • Multiple intersecting cross-structures; ideal structural setting

BIG BADJA PROSPECT (EL8931)

High-Grade Silver-Gold Potential Along Fertile Intrusive Contact

  • 10km of highly prospective granitic intrusive contact
  • Fertile contact hosting Big Badja Ag-Pb-Au Mine, Undoo Creek Au and Umeralla Mountain prospects
  • Big Badja Mine: high-grade quartz–sulphide veins, assays up to 9,469g/t Ag1 and 10.22kg/t Au (10,220g/t Au) from shallow workings2, minimal modern exploration, never drilled
  • Umeralla Mountain: gossanous rockchips to 2,600ppm Cu, 1,130ppm Pb & 3g/t Ag4 — never followed up
  • Undoo Creek: historic gold workings, never drill tested
Geological map of the Big Badja Prospect showing prospective granite-sediment contact and mineral occurrences


1 Grunberg, M., 1972. Authority to Prospect No. 3665. 12 Months Prospecting Return.
2 Herzberger, G. A & Barnes, R. G., 1978. Bega 1:250,000 Metallogenic Map, Mine Data Sheets & Metallogenic Study
3 https://skylarkminerals.com/australian-brownfield-exploration/0000
4 Western Mining Corporation, 1979. Final Exploration Report, EL871, Umaralla