Hobbes Gold Project (HGP)

[OreCorp earning 80%, E31/1117]

The Hobbes Gold Project is a single granted exploration licence covering 93km2 approximately 130km northeast of Kalgoorlie in the Keith-Kilkenny Tectonic Zone (KKTZ) in the Archaean Eastern Goldfield Province of Western Australia (WA). The KKTZ is a 300km long major crustal-scale structure that hosts the Thunderbox, Carosue Dam, Porphyry Gold, Million Dollar, Wallbrook-Redbrook and Karonie mines and the historic Yilgangi Mining Centre.

Hobbes Project - Regional Location

Hobbes Project - Location + Section

The main zones of gold mineralisation identified to date within the Project are at the Hobbes Prospect. The central portions of Hobbes and Hobbes North Prospects are defined by coherent blankets of supergene gold mineralisation >1g/t Au up to 15m thick. The main supergene gold mineralised zone at the Hobbes Prospect covers an area of about 400m by 300m. There is a second comparable size supergene mineralised zone >1g/t Au, 500m to the southwest.

Drilling has intersected primary mineralisation beneath the supergene zones. This primary mineralisation is open in all directions and only tested with very limited drilling.