The Mt Remarkable Project is located 200km south west of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometres of adjacent and/or nearby granted exploration licences.
The Tennant Creek Project is located to the East, Southeast and South of the very rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometres.
Mt Remarkable Project WA
The Mt Remarkable tenements are held by KRR 100% subsidiary Whitewater Minerals Pty Ltd and cover the prospective Whitewater Volcanic rocks that extend 200km along a NE-SW strike south of the Speewah Dome. High grade gold mineralisation at the Mt Remarkable Project is hosted by the Whitewater rock unit, a Proterozoic stratigraphic horizon that is older than the Speewah Project rocks. This horizon extends from the Hunter Project (held by WA Mining Resources), where historic high-grade gold values of up to 50.65g/t Au have been returned from epithermal quartz veins, through to KRR’s Mt Remarkable Range Prospect and continues to the Southwest hosting both the Tunganary and Middle Branch Bore gold prospects within anticlinal fold structures. Past exploration along this prospective trend and between these high-grade gold exploration projects has been sparse providing excellent opportunity for additional high-grade gold discoveries within the Whitewater unit.
KRR has completed several RC and diamond core drilling programmes within the Mt Remarkable main area and intersected high grade gold mineralisation at the Trudi Vein, including the best drilling result of 4m @ 113.29g/t Au including 1m @ 346g/t Au.
The company is exploring the extensive epithermal vein systems throughout the regional project area with numerous quality high grade gold prospective targets in similar litho-structural characteristics to the Mt Remarkable main and Hunter Prospects.
Mt Remarkable Project tenement locations over 1:500K Geology. Shows summary main prospect areas.
Tennant Creek NT
The Tennant Creek tenements are held by KRR 100% subsidiary Treasure Creek Pty Ltd and include the Tennant Creek East project immediately east of the Tennant Creek Gold field (where historically 5.5m Oz have been produced from high grade Iron oxide copper gold (IOCG) deposits) with the tenement boundary within only a few hundred metres of historic IOCG mines and Emmerson Resources Mauritania deposit (where 20m @ 38.5g/t Au was reported from diamond drilling), the Rover East Project – east of and along strike of the Rover Field (where Castiles Resources recently returned 30.4m @ 35.6g/t Au from diamond drill results), the Barkly Project – within the highly contested Barkly tablelands between Tennant Creek and Mt Isa (recently promoted by the NTGS and Geoscience Australia as potentially a new IOCG province) and the Kurundi Project – sparsely explored tenements where historic high grade copper gold mineralisation have been identified in Warramunga equivalent rocks as well as in younger stratigraphy.
These projects are within areas of prospective stratigraphy/structures that have previously been sparsely explored or overlooked due to shallow Cambrian cover. Through systematic exploration, targeting and modern exploration techniques the company is developing quality and highly prospective geological and geophysical targets (including the recent discovery of geochemically anomalous fertile ironstones under only 30m of cover rocks 35km east of Tennant Creek – at the Commitment prospect in the Tennant East area).
Tennant Creek Project tenement locations over TMI magnetics. Shows summary of results and targets.