Bonnie Vale Project
The BonnieVale project consists of a single granted Prospecting Licence 15/5305 with an application to transition to Mining Lease 15/1839 pending. The project is located within the Coolgardie Domain of the Kalgoorlie Terrane in the Eastern Goldfields Province of the Yilgarn Craton. This domain consists of an arcuate belt of complexly deformed mafic and ultramafic rocks with minor black shales, volcanoclastics and sediments. Sills and dykes ranging in composition from felsic to mafic intrude the sequence. Granitic rocks intrude and define the western boundary of the Coolgardie Domain while the Zuleika Shear forms the eastern boundary. The Domain has been subjected to lower amphibolite facies metamorphism.
The project area lies in an east-west trending portion of a sedimentary, mafic and ultramafic sequence surrounding the hinge of the north-east trending Bonnie Vale anticline. The BonnieVale granite was intruded along the axis of this anticline into ultramafic units that underlie the mafic and sedimentary units. Minor black shales are intercalated with the mafic units. Figure 16 and Figure 17 below show the distribution of the gold found in historical drilling as well as a cross section showing some of the high gold grades intercepted within the tenement.