projects

Projects

PVW Resources have strategically secured gold assets with significant gold reserves in world class regions of Western Australia.  

PVW is positioned to explore and define a resource across 3 well known gold provinces in Western Australia..


wa map

PVW Leonora

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 17.8 Mt @ 4.8g/t Au
King of the Hills – Resource 66 Mt @ 1.5g/t Au

2. St Barbara’s (ASX:SBM)
Leonora Ops – Resource 28.2 Mt @ 6.0g/t Au

3. Gold Fields (JSE:GFI)
Agnew – Resource 12.2 Mt @ 5.18g/t Au

The Leonora Region hosts high grade gold mines.

leonora successful gold province

PVW Resources secured over 20km of strike

Includes 2 granted mining licenses

Same shear zone as historic Jungle Well mine with 12,000 Oz Au mined. Oxide pit open at depth and along strike, operated at 2.8 g/t Au

Rock chip samples taken on South Wall returning a 41.35g/t Au sample

144.8sqkm of tenure secured

Majors Need Resources 

Recent Transaction sets a floor to the Leonora Regions value.

Saracen (ASX:SAR) has made an off market takeover offer to acquire 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

leonora

 Exploration Underway

First drill program completed in March 2019

3,400m of Air Core Drilling completed

Mineralisation over 4km to the north of the Jungle Well Pit

Positive results +2km south of Jungle Well with gold (nuggets) detected adjacent to surface gold and arsenic anomalies

Leonora footprint expanded:

Bablyon Resources mining lease has
been acquired from Talisman Minerals.

All Tenements are on the same structural corridor, expanding the potential for production from this site.

RC Drilling Jungle Well

Modelled Jungle Well Open Cut and
Orebody.

Mine closed when gold was US$260/oz

Positioned to expand the mineralized shear along strike and at depth

slant-leonora
jungle well

Cross Section View of Jungle Well

Jungle Well Cross Section showing lack of drilling at depth. Cross Section located in the centre of the Pit

Note the footwall shear, hanging wall vein and flat connecting veins


* Au Legend relates to drill holes assays not Vein Wireframes

Long Section – Normal to mineralisation

View of the Pit, foot wall shear and hanging wall veins perpendicular to the mineralisation (view is -60 towards 288)
Note the lack of drilling to the North, lack of drilling at depth and the continuation of mineralisation to the south along the foot wall shear

PVW Kalgoorlie

Excellent infrastructure being close to Kalgoorlie township

Regional airport

Camp accommodation

Drilling contractors

Well established roads

90 sqkm of tenement area

4 x exploration leases

6 x prospecting licenses

(ASX: YRL) – Recent results 8m @ 7.3g/t AU from 35m & 3m @ 18.3g/t from 34m


Located within the famous Greenstone Belt

Paddington Operations:

191k ounces produced last year with a mill grade of 1.97g/t owned by Norton Gold Fields

Kanowna Belle:

262kt ounces produced last year and have a resource of 8.6M ounces owned by Northern Star

Kalgoorlie Exploration

Near term Drill Targets include:

Testing for gold in the paleochannels in the Gordon Sirdar exploration tenements

Testing for the bedrock Au, beneath and along strike from Historical Workings

Future Drill Targets:

Reprocessing seismic and magnetic surveys to target and refine drill targets within drilling distance of the RC rig

Small Resources:

Lakewood processing facility toll treats ore from all around Kalgoorlie, allowing for smaller Resources to be processed with minimal capital outlay

New concepts and ideas to be tested 

Reprocessing of seismic and magnetic surveys to assist in the definition of targets and new concepts, finding drill targets within the greenstone belt.

Reprocessing and interpretation are well advanced. Incorporation with regional drill data and results form historical working will provide the targets to test.

PVW Tanami

Tanami

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 24.4Mt @ 5.7g/t 






Discoveries Pending

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)

This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly.
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.

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Aaron Maurer
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info@pvwresources.com.au

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