Risk and valuation analysis of the Otago region Project |
Status Risk : Brown exploration |
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Title(s) of the Otago region Project |
| Glass Earth Gold Limited Joint venture: 70% |
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Title | Company Profile | All Projects | Company website | Company project page |
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| Australasia Gold limited Joint venture: 30% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Otago region Project |
Otago Regional Exploration Projects consists of Permits PP 39 264 and PP 39 266 in the St Bathans area (250 sq km) and the Buster-Naseby area (460 sq km) respectively and Exploration Permit PP 40 711 (597ha) Waikerikeri located just northwest of Alexandra. They cover significant past production centres in the northern Otago alluvial gold province.
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History of the Otago region Project |
The Otago region of New Zealand’s South Island has produced at least 8 million ounces of alluvial gold. The +5 million ounce Macraes gold deposit is thought to typify the primary source of the alluvial mineralisation and is the model for the Company’s primary gold targets.
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