100% RMX
Kiabye Gold
4 exploration licenses that make up the project cover the central portion of the Kiabye Greenstone Belt in the Yilgarn‘s Murchison Domain, southeast of Mount Magnet
100% RMX
Kiabye Gold Project.
The Kiabye Project covers a strike length of 23km² of the Kiabye greenstone belt with less than half covered by exploration samples from historical explorers and only around 7% was covered by prior holders
Project Overview
The four tenements have primarily been explored for base metals with limited gold exploration. Historical exploration focused on two areas, Kiabye Well North and South. Widely spaced sampling was undertaken in these areas with soil sampling producing a number of low order gold-in-soil anomalies but interpreted as being diluted by transported cover. At Kiabye Well South, Browns Creek Gold (1988-1989) drilled 34 shallow RAB holes, averaging around 11m deep and hole N15 reported 1m @3.45g/t in the last metre of the 14m deep hole
Considerable areas within the applied tenure have been described as “highly prospective” by recent studies and to contain a “few large and many small targets” estimated for a total of “+10 Mt” of grades between “1.0 and 40 g/t Gold” (A Mineral System Model For Orogenic Gold Mineralisation in the Koonenberry Belt, New South Wales, Peter M Downes, 2018). The Koonenberry Gold Project adjoins Manhattan Corporation’s (ASX:MHC) Tibooburra Gold Project where Manhattan has recently announced a new high grade gold discovery. As at 2nd November, all Koonenberry tenements have been formally granted.