Teviot Permit & Mahinerangi Permit
Early stage gold exploration project with first mover advantage exploring the Southern Otago Schist Belt for Macraes-style deposits.
Gold
Serpentine prospecting permit (PP60210)
The Serpentine prospecting permit (PP60210) covers mined vein and widespread placer deposits where gold mining has taken place. It extends over 72 sq.km. Excluded stream areas in red cover previous gold dredging permits.
INVESTMENT HIGHLIGHTS
Shear zones potentially hosting gold deposits similar to the Macraes mine could exist in any of three situations on the permit;
Cap Burn Exploration Permit 60300
The Cap Burn Exploration Permit EP60300 (formerly PP54616) lies in two separate parts on the Rock and Pillar Range 16km west of the Macraes mine and 100km NNW of Dunedin. The east part covers 13.5 sq.km and the west part 5 sq.km.
