Gidgee JV Project (Gold & Base Metals)
The Gidgee JV Project covers an area of approximately 400km2 on the western side of the highly prospective Gum Creek Greenstone Belt, located approximately 70km north of the township of Sandstone in Western Australia. The Project is composed of two exploration licence applications covering 400 square kilometres adjacent to Horizon Gold’s Gidgee gold mine.
The Company has a Farm-In Agreement granting Gateway Mining Limited (“Gateway”; ASX:GML) the right to acquire an 80% interest in the Gidgee Project. Gateway has pre-existing interests in tenements located within the historical gold mining areas in the Gum Creek (Gidgee) Goldfield.
Gidgee is prospective for both gold and base metal mineralisation and Golden Mile retains a 20% interest allowing shareholders to benefit from any exploration upside and success.