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Expose Resources Ltd is an Australian incorporated and based gold exploration and resource development company. Upon Listing, the Company will acquire its flagship project, the Red Gate Gold Project, in the Yilgarn Craton of Western Australia, as well as the Roger River Gold Project in Tasmania.
The Red Gate Gold Project is located approximately 140 km north east of Kalgoorlie. Previous work has returned compelling drill results at three locations which are open to expansion, namely:
–Porphyry North, 14 m at 3.7 g/t gold
–Porphyry West, 12 m at 9.2 g/t gold
–Porphyry East, 10 m at 8.5 g/t gold
WA Dept of Mines approval has been received for a 3,000 metre drilling programme to be conducted at the Porphyry North, West and South targets. Drilling will commence immediately post listing at Porphyry North, West and South and should be completed within six weeks.
Soil sampling in 2017 identified the Reidy's prospect, where quartz sulphide veins in altered granite returned relatively high gold and silver assays which warrants closer assessment and drilling.
Gold deposits in this part of the Eastern Goldfields are located where major shear structures bend around intrusives and can be identified from ground magnetics, gravity data and radiometric anomalies. Expose’s recent work at Red Gate indicates five additional such targets masked by thin surface cover (including Reidy's); only one has been partially drill tested.
The Roger River Project in Tasmania belongs to the epithermal family of deposits. Epithermal gold systems tend to be higher grade than the WA-style deposits and many support underground mining operations. These styles of deposits occur in many places around the world, like the Carlin trend in Nevada and are well understood. Even though the Roger River Project is an earlier stage project than the Red Gate Project, our initial work will be aimed at identifying drilling targets. Expose will be drilling within a month of listing.
It is anticipated that EXX will list on the ASX during November 2018.
http://www.exposeresources.com.au
The Red Gate Gold Project is located approximately 140 km north east of Kalgoorlie. Previous work has returned compelling drill results at three locations which are open to expansion, namely:
–Porphyry North, 14 m at 3.7 g/t gold
–Porphyry West, 12 m at 9.2 g/t gold
–Porphyry East, 10 m at 8.5 g/t gold
WA Dept of Mines approval has been received for a 3,000 metre drilling programme to be conducted at the Porphyry North, West and South targets. Drilling will commence immediately post listing at Porphyry North, West and South and should be completed within six weeks.
Soil sampling in 2017 identified the Reidy's prospect, where quartz sulphide veins in altered granite returned relatively high gold and silver assays which warrants closer assessment and drilling.
Gold deposits in this part of the Eastern Goldfields are located where major shear structures bend around intrusives and can be identified from ground magnetics, gravity data and radiometric anomalies. Expose’s recent work at Red Gate indicates five additional such targets masked by thin surface cover (including Reidy's); only one has been partially drill tested.
The Roger River Project in Tasmania belongs to the epithermal family of deposits. Epithermal gold systems tend to be higher grade than the WA-style deposits and many support underground mining operations. These styles of deposits occur in many places around the world, like the Carlin trend in Nevada and are well understood. Even though the Roger River Project is an earlier stage project than the Red Gate Project, our initial work will be aimed at identifying drilling targets. Expose will be drilling within a month of listing.
It is anticipated that EXX will list on the ASX during November 2018.
http://www.exposeresources.com.au
