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.