Mt Fisher Gold Project

GOLD PROJECT   •  WESTERN AUSTRALIA

Highlights

850km2 ground position in one of the least explored greenstone belts in the prolific Yilgarn Craton

Gold Mineral Resource of 1.0Mt @ 2.7 g/t Au for 89,000 ounces of contained gold

VMS Prospectivity identified

Past production of 30,000 ounces of gold from the Mt Fisher gold mine

Background

The Mt Fisher / Mt Eureka Project is located in the Northern Goldfields, about 500km north of Kalgoorlie (about 120km east of Wiluna) in the Eastern Goldfields Superterrane of the Yilgarn Craton

The Yilgarn Craton is one of the World’s great gold provinces with the project’s landholding in one of the least explored greenstone belts. 

Rox holds 850km² of the Mt Fisher greenstone belt and surrounding prospective zones (Rox 100% 500km²) and in the Mt Eureka area via the Cullen Resources JV, 350km² (Rox currently earning up to 75%, Cullen Resources Limited 25%).

The Mt Fisher greenstone belt hosts extensive orogenic gold mineralisation.  More recently the belt has been recognised as containing significant komatiite hosted nickel deposits and showing potential for VMS Cu-Zn style deposits

Exploration

Exploration is focused on the identification of orogenic gold mineralisation and VMS style mineralisation.

A project scale review in 2020 of historic geochemical and geophysical datasets recognised the potential for VMS mineralisation in Mt Fisher-Mt Eureka greenstone belt including Cu, Zn & Au anomalous VMS style exhalative sulphide mineralisation in historical drilling.  Additionally, zones of strong multielement geochemical anomalism in regolith (including Au, Cu, Pb and Zn) were identified in several areas throughout the project.

The direct evidence for VMS style mineralisation highlights the belt’s prospectivity for this style of mineralisation.  Due to minimal previous VMS exploration across the belt, the entire Mt Fisher-Mt Eureka greenstone belt is considered prospective for VMS mineralisation.  VMS targets are analogous to Teutonic Bore, Jaguar and Bentley, which lie within the same geological Terrane as the Mt Fisher greenstone belt.

Following the demerger of the Fisher East Nickel Project, Rox has undertaken an extensive project scale review and has commenced work programs to advance the project, including Aircore and RC Drilling and high resolution airborne aeromagnetic surveying.