Myrtleford  Property

Myrtleford is a granted exploration license and located in the north-east of Victoria, approximately 290 km northeast of the Victorian capital Melbourne and approximately 40 km south of the Victoria – New South Wales border cities of Albury – Wodonga. The license consists of a single contiguous parcel covering 418km².

The Exploration License lies within a northwest-trending belt of alluvial and hard rock gold mines that collectively produced 6.3 Moz 3 in the past, mostly from alluvial mining, but also from hard rock production.

Myrtleford represents the consolidation of an entire historic gold camp with over 70 past producing gold mines on the property, where the bulk of historic mining stopped at the water table.

Application for an
Exploration License (EL007670)

Myrtleford HIGHLIGHTS

Permit hosts over 70 past producing
high grade underground gold mines
with grades often greater than 31 g/t Au*

Large alluvial district with
historic production of >5Moz* 

Vast majority of historic mining and
exploration terminated at the water-table due to a lack of capital*

Unique proposition – district scale consolidation  of historic gold mining camp which hasn’t seen holistic, modern exploration approach

*Myrtleford Technical Report, effective October 26, 2020

Myrtleford at a Glance

Over 70 historical gold mines on the property. Host rocks are of similar age and type as those of the Bendigo Zone in central Victoria that host the Bendigo, Ballarat and Fosterville gold deposits

LOCATION

290km north east of Melbourne
and
40km south of Albury-Wodonga

SIZE

Single contiguous parcel covering 418km²

ACCESS

Multiple paved and gravel roads

OWNERSHIP

100%

NSR

1% NSR, with option to buy back 0.5% for C$3.3M

Gold Camp Consolidation

License consolidates a strategic land package & encapsulates majority of the prospective structural trend and hard rock production potential

Majority of historical hard rock mining limited to depth of water table – small mining claims with no scalability limited historical miners 

Numerous trends defined by historical mining – not explored to date

Large structural trends, hosting high grade historical mines, not systematically explored to date – unique opportunity in a tier-1 jurisdiction

Myrtleford Property Map

Underground Targets

Shear-hosted vein accessed through the lower adit to Champion Reef – Happy Valley goldfield

Ready access to multiple reef structures

The margins of the reef arehighly sulphidic with pyriteand arsenopyrite

CROSS SECTION
OF HAPPY VALLEY TARGET

Historical section showing the Old Happy Valley, New Happy Valley, Christmas and the Porepunkah reefs

Minimal historical drilling demonstrated continuity of grade at depth

The setting of 4 high grade reefs,
in close proximity, presents a
potential drill target for E79 

EXPLORE E79 RESOURCES

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