Project Snapshots

Brownfields exploration

Why we selected it: Historical mining and high-grade drill results provide a starting point to test for a district-defining gold–copper discovery.

Historical drilling returned 6 m at 38.9 g/t gold, including 1 m at 120 g/t, and 2 m at 5.50% copper with 5.77 g/t gold. Colossus targets extensions beneath and beyond the Warroo district’s historical workings. 100% owned by MineFinder.

The opportunity

A revised intrusion-associated gold model targets mineralisation beneath and beyond shallow workings, within a 2 km gold–copper-rich zone and a broader 15 km mineralised zone.

What we will test

Does gold–copper mineralisation beneath and beyond the workings form part of a larger intrusion-related system? Test continuity, grade and geological relationships to guide further drilling.

MineFinder interpretation

Historical results

Historical drilling: 6 m at 38.9 g/t gold, including 1 m at 120 g/t; and 2 m at 5.50% copper with 5.77 g/t gold, including 1 m at 8.70% copper. Selected downhole intervals from the compiled historical database.

Next milestones

Complete pre-listing MAGMA targeting and drill design. Following the proposed listing and associated financing, test gold–copper widths, continuity and depth extensions with RC and diamond drilling.

Proposed

Test budget: Major drilling planned after the proposed listing financing; final scope and costs to follow contractor quotations.

Target timing: Target major drilling from Q2 2027 after the proposed listing and associated financing, subject to access, approvals and contractor availability.

Ownership and deal status

MineFinder owns 100% of the project. Any future partnership or transaction would determine its own funding and retained-interest terms.

Early-stage exploration; no defined mineral resource

Why we selected it: Preserved core from the historical 17-hole, 1,505 m diamond programme provides an immediate opportunity to test gold potential before new drilling.

Gold was not systematically tested. Historical exploration identified base-metal sulphides; the revised geological model suggests a possible gold overprint. Review available core and assay for gold before deciding whether drilling is justified.

The opportunity

Test whether concealed intrusive centres and surrounding host rocks contain a larger copper–gold system. Assess potential scale from the extent of alteration, metal distribution and connected geological controls.

MineFinder interpretation

What we will test

Do source, fluid pathways, favourable hosts, timing and preservation combine to define a larger copper–gold system? Integrate the reported anomalies and intrusive geology to identify targets for drilling.

MineFinder interpretation

Historical results

Historical GSQ drilling: 27.2 m at 0.7% Cu, including 12.3 m at 1.2% Cu at Grieves Quarry. A 2021 review also reports copper–gold and potassium anomalies and identifies a concealed-intrusion porphyry model.

Next milestones

Complete pre-listing core review and representative gold assays. Use the results and mineral systems assessment to select targets for drilling after the proposed listing, or to progress a partnership.

Proposed

Test budget: Core review and gold assays funded by the current raise; wider fieldwork and drilling to be separately costed.

Target timing: Target assays in Q4 2026–Q1 2027; new drilling after the proposed listing and associated financing, from Q2 2027.

Ownership and deal status

100% MineFinder ownership. Develop a technically supported copper–gold target portfolio for further exploration, partnership or a separately funded explorer.

Exploration and target development

Why we selected it: A proposed gold company with Karara Gold would combine adjoining tenements, secure separate exploration funding and retain equity exposure for MineFinder.

100% MineFinder-owned Olympus combines high-grade historical gold workings with a larger sediment-hosted gold model. Discussions with Karara Gold aim to combine adjoining tenements in a separately funded explorer, with MineFinder retaining equity.

The opportunity

Test the structures beneath and between Mountain Maid and Madam Ross, where historical workings extend for at least 650 m and 750 m respectively.

What we will test

Do the high-grade reefs sit within broader sulphide-bearing or stockwork gold mineralisation, and do favourable host rocks and structures repeat at depth?

MineFinder interpretation

Historical results

207 g/t gold from a historical underground pillar at KC; selected mine-waste samples of 87.2 g/t at Wild Scotchman, 58.7 g/t at KC and 8.99 g/t at Mountain Maid.

Next milestones

Agree the proposed structure and funding plan with Karara Gold. Integrate historical data and refine bedrock targets to support a separately funded gold company, with the spin-out targeted from Q2 2027.

Proposed

Ownership and deal status

100% MineFinder. Proposed separately funded gold company with Karara Gold, with MineFinder retaining equity. An in-specie share distribution is under consideration, subject to final terms and approvals.

Re-evaluation of a past-producing epithermal system

Why we selected it: Historical gold production, drilling below the North Pit and a displaced West Pit vein provide specific targets for structural re-evaluation.

Historical West Lode drilling: 7 m at 70.6 g/t Au, including a logged 2 m sample at 188 g/t Au. Approximately 49,000 oz recovered historically. MineFinder is targeting extensions beyond the workings and concealed veins. Tenure remains in application.

The opportunity

Three target groups: the vein below the North Pit, the displaced West Pit Extended vein, and concealed or parallel veins. Define geometry and continuity before systematic drilling.

MineFinder interpretation

What we will test

Can drilling define coherent shoots below the North Pit, relocate the displaced West Pit vein, and test a project-specific gold-deposition interval?

MineFinder interpretation

Historical results

West Lode: 7 m at 70.6 g/t Au, including a logged 2 m sample at 188 g/t Au; 3 m at 90.2 g/t Au and 4 m at 52.3 g/t Au. Approximately 49,000 oz recovered historically. Later drilling tested below the North Pit.

Next milestones

Reconcile drilling and mined areas; reconstruct the North Pit vein and West Pit displacement; assess textures and geophysical response; then define a costed drill programme.

Proposed

Ownership and deal status

MineFinder owns 100% of the project. Tenure is in application; any future funding or retained-interest terms would be established through an agreed transaction.

Early-stage exploration

Why we selected it: Historical antimony and gold occurrences provide a starting point to assess the quartz–stibnite vein system.

Test for gold beneath and between historical antimony workings near Cooktown, and investigate an interpreted uphill source. Good Luck provides two targets for a staged exploration assessment.

The opportunity

Gold beneath and between the historical antimony workings, extensions of the known vein and an interpreted uphill source provide focused exploration targets.

MineFinder interpretation

What we will test

Can we locate the uphill source and establish continuity beyond the historical lenses?

MineFinder interpretation

Historical results

Selected historical shipments: 44.7–59.9% Sb. One parcel: 1.19 oz gold per ton. Gold-bearing quartz and uphill stibnite provide two exploration targets.

Next milestones

Test for gold beneath and between antimony workings, and investigate the uphill source. Review records, map and sample before deciding on trenching or drilling.

Proposed

Ownership and deal status

A new MineFinder portfolio project, with initial work focused on target definition.

Exploration · target definition

Why we selected it: Historical surface gold results and an interpreted intrusive corridor provide specific targets for mapping, sampling and geological assessment.

Historical gold workings and assays up to 14.3 g/t Au identify targets along an interpreted 11 km intrusive corridor. Lucky Valley provides a separate opportunity to test the source, continuity and scale of gold mineralisation.

The opportunity

Test whether historical gold occurrences are surface expressions of a larger intrusion-related gold system along the interpreted corridor.

MineFinder interpretation

What we will test

Can mapping and representative assays connect the known gold occurrences to a larger intrusive system?

MineFinder interpretation

Historical results

Historical surface assays: Baguette up to 14.3 g/t Au; Aspinalls up to 4.3 g/t Au; Tamaroo up to 1.5 g/t Au; Lucky Valley up to 1.3 g/t Au.

Next milestones

Compile and locate historical results; map and sample priority prospects; integrate geology and magnetics to select the next field tests.

Proposed

Ownership and deal status

A separate MineFinder project assessment, with commercial options to be developed alongside target definition.