Risk and valuation analysis of the Tom's Gully Project |
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Title(s) of the Tom's Gully Project |
| Crocodile Gold Corp |
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Title | Company Profile | All Projects | Company website | Company project page |
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On May 24, 2007, GBS Gold signed the final purchase agreement to acquire the Tom’s Gully gold
property assets. The purchase was successfully completed on July 25, 2007. |
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Location of the Tom's Gully Project |
The Tom’s Gully Gold Project is located approximately 100km east-southeast of Darwin in the Northern
Territory region of Australia.1km south of the sealed Arnhem Highway
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History of the Tom's Gully Project |
Toms Gully was discovered by Carpentaria Exploration Company Pty Ltd (CEC), a wholly owned subsidiary of Mount Isa Mines Ltd (MIM) in 1986. Production commenced in 1988 and the operation processed 356,651 tonnes of ore at a grade of 9.23 g/t Au from more...
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Geology of the Tom's Gully Project |
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The Project is located within the Early Proterozoic Pine Creek Inlier. The deposit is hosted by the Wildman
Siltstone, a member of the Mt Partridge Group. The Wildman Siltstone is at least 1,000m thick and
comprises laminated pelitic sediments with minor sandstone and quartzite.
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