Rover Introduction

Explorer 108 
Rover 1
Explorer 142 
Rover Regional Exploration

Westgold’s Rover Project represents a new mineral field containing typical high-grade iron oxide copper-gold (“IOCG”) and polymetallic base & precious metal styles of mineralisation.  The field is south-west of Tennant Creek and considered to be either an extension or mirror of the nearby Tennant Creek gold field which has been a prolific producer from IOCG ore systems.

The project represents a unique opportunity for the Company to control the vast majority of land within a new undeveloped mineral field. Westgold’s mining tenure (including applications) is in excess of 11,000 sq km which includes 3 advanced base metals and gold prospects and a large number of untested geophysical targets.

 
At the three advanced prospects significant high-grade mineralisation had previously been discovered in the 1970’s by drilling geophysical targets, namely Explorer 108 (Zn-Pb-Ag±Au-Cu), Explorer 142 (Cu-Au) and Rover 1 (Cu-Au).

The Rover mineral field is one of the least-explored regions of Australia for Iron Oxide Copper Gold (IOCG) and Polymetallic base & precious metal deposits.

Westgold has a two tier exploration strategy:
1.    resource definition and extensional drilling of its three advanced prospects, and
2.    the systematic application of geophysical and modelling techniques to identify new unexplored targets for drilling.

Through this combination of advanced drilling and regional exploration the Company is aiming to rapidly build up a significant resource base within the Rover Project.