Redcliffe Gold Project
The Company’s 100% owned Redcliffe Gold Project is located 45-60km northeast of Leonora in the Eastern Goldfields Region of Western Australia. The Redcliffe Gold Project area comprises ~ 170 square km of tenure.
The company currently has a Mineral Resource Estimate of 537,862 oz of gold (12.53Mt @ 1.34g/t Au) in both the Indicated (1.75Mt @ 2.23 g/t) and Inferred (10.77Mt @ 1.19 g/t) categories.
The resource estimate comprises a number of separate deposits, most of which remain open. Resource estimations were carried out by independent consultants.
Mertondale Shear Zone
The Redcliffe Gold Project covers a large portion of the Mertondale Shear Zone (MSZ), a north-south trending, deep seated gold-bearing structure that is interpreted to be a link structure between the north/west-south/east trending Keith-Kilkenny and Celia Tectonic Zones.
The shear zone is on the contact between Archaean felsic volcanoclastic and sedimentary sequences to the west and Archaean predominantly mafic volcanics comprising basalt, dolerite and minor komatiites to the east. Archaean felsic porphyries and Proterozoic dolerite dykes have intruded the Mertondale Shear Zone. A strong north trending foliation is present, approximately parallel to lithological contacts. The Mertondale Shear Zone is bounded by two confining fault systems, the Mertondale fault to the east and Great Western fault system to the west, both of which are strongly altered and mineralised.
NTM Gold’s tenure covers over 30km of prospective strike length of the MSZ.
Due to the large strike of Redcliffe, the Project is split into three groups – North, Central and South.