PVW Resources have strategically secured gold exploration projects in world class regions of Western Australia.
PVW is positioned to explore and discover gold resources across 3 well known gold provinces in Western Australia.
Successful Gold Province
Over 12 Million oz Au Mined
(AUD$26 Billion at today’s price)
Three operating Gold mills within 50km
1. Red 5 (ASX:RED)
Darlot 30 yrs mining 10.8 Mt @ 3.5g/t Au
King of the Hills – Resource 90.7 Mt @ 1.4g/t Au
2. St Barbara’s (ASX:SBM)
Leonora Ops – Resource 27.7 Mt @ 5.6g/t Au
3. Gold Fields (JSE:GFI)
Agnew – Resource 14.0 Mt @ 5.6g/t Au
The Leonora Region hosts high grade gold mines.
PVW Resources secured over 25km of strike and 195sqkm’s
Jungle Well and Minotaur Projects
Includes 1 granted mining license ①, 1 granted exploration license and 2 applications ③④
Same shear zone as historic Jungle Well mine with ~20,000 Oz Au mined. Oxide pit, open at depth and along strike, operated at ~2.4 g/t Au
Rock chip samples taken on South Wall include 41.35g/t Au.
Significant RC and AC Drill results along strike and at depth to be followed up with exploration, resource definition drilling.
Brilliant Well Project
Includes 1 Exploration License ②
Prospective Geology untested north of significant drilling results.
Recent Aircore drill results are significant and require immediate follow up along strike and at depth.
Bundara Gold Project ASX:SAR (660,000oz Au) occurs along strike less than 15km to the northwest.
Majors Need Resources
Recent Transaction sets a floor to the Leonora Regions value.
Saracen (ASX:SAR) acquired Bligh Resources (ASX:BGH) – 100% scrip consideration
Values Bligh at $38.2m – A 97% Premium to their closing price on 13th June
Bligh has a JORC Resource of 660,000oz
First drill program completed in March 2019 – E37/909 Minotaur:
Shear zones tested ~4km North of Jungle Well.
Anomalous results in Aircore drilling along the Mt Clifford shear, north of Jungle Well.
Maiden Inferred Mineral Resource estimate
RC drilling at Jungle Well, resulted in an Inferred Mineral Resource estimate:
735kt @ 1.1g/t Au for 26,800oz.
Aircore drilling at Brilliant Well November 2019
Significant Intersections returned in consecutive holes:
8m @ 2.07g/t Au from 24m
6m @ 1.96g/t Au from 68m
Excellent infrastructure being close to Kalgoorlie township
Well established roads
95 sqkm of tenement area
3 x exploration leases
8 x prospecting licenses
Major Producers are our Neighbors.
Located in a highly prospective Greenstone Belt.
Norton Gold Fields
Paddington Operations 202koz Au produced in 2020.
Golden Cities Mining Centre re-opened in 2020.
Kanowna Belle +100koz Au per annum producer, Mineral Resource estimate of 2.2Moz Au.
Greenfields and follow up drill targets
Black Flag Drill Target ① multiple +1g/t intersections, 2.2km long strike. Palaeochannel and bedrock host.
King of the West Drill Target ② multiple anomalous drill intersections, 4km long strike. Paleochannel and saprolite supergene Au anomalism.
King of the West Auger Target ③ transported cover over NNW gneissic granite/greenstone/granite and WNW late fault that strikes towards Golden Cities/Federal Gold deposits.
Gordon Sirdar Auger Target ④ prospective stratigraphy untested and along strike from known mineralisation.
Blue Sky Country
Callie Gold Deposit
An example of Potential within the Tanami
One of the most productive Gold mines in Australia
Produced 419k ounces in 2018
Reserves of 33.2Mt @ 5.3g/t
Australia modern majors are now focusing on “Greenfields” exploration within the Tanami
PVW’s tenure straddles some of the most prospective stratigraphy and structure
Previous exploration has focussed on the “easy” areas, modern exploration techniques will open up the rest
Tanami Exploration Potential
Currently reprocessing significant seismic surveys, to assist in regional interpretation of mineralisation.
Engagement with traditional landowners on our heritage agreement.
Our biggest potential for a Tier 1 multi million ounce gold discovery.
Known gold mineralisation already reported from historic drilling.
PVW Resources NL (ACN 624 170 074)
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This document is neither a prospectus nor an offer to subscribe for Shares. PVW Resources NL (ACN 624 170 074) (PVW Resources) and its directors, employees and consultants make no representations or warranty as to the accuracy, reliability or completeness of this document, and have no liability, including liability to any person by reason of negligence of, or contained in or derived from, or for any omissions from this document, except liability under statute that cannot be excluded.
This document contains reference to certain targets and plans of PVW Resources which may or may not be achieved. The performance of PVW Resources may be influenced by a number of factors, uncertainties and contingencies, many of which are outside the control of PVW Resources and its directors, staff and consultants.
The information in this document that relates to the exploration results and exploration targets is based on information compiled by Mr Neal Leggo, a consultant geologist with over 30 years’ experience in minerals geology including senior management, consulting, exploration, resource estimation, development, underground mining and open pit mining. Neal Leggo completed a Bachelor of Science with first class honours at the University of Queensland in 1980; is a Member of the Australian Institute of Geoscientists (Member No. 1996) and thus holds the relevant qualifications and professional association membership required by the ASX, JORC and VALMIN to qualify as a Competent Person as defined in the JORC Code. Mr Leggo is a part time consultant of the company. Mr Leggo has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves’. Mr Leggo consents to the inclusion in this document of the matters based on his information in the form and context in which it appears.