Arltunga Gold Project (Genesis 100%)The Arltunga gold project is located some 110 kilometres north east of Alice Springs and encompasses the entire Arltunga gold field. The project comprises one Exploration Licence (EL 25238) which covers a total area of 95.2 sq km and is prospective for gold mineralisation.
Arltunga Gold Project Management Plan
Thirty three gold prospects have been defined at Arltunga, including the
historic Claraville, Wipeout, Jenkins, Round Hill, Wheal of Fortune and Magdale
gold workings that in total have produced over 1,000 ounces of gold
historically. The prospectivity of the Arltunga project was confirmed during the
1990s through reconnaissance rock-chip, costean and dump sampling that yielded
highly significant results that warrant further exploration.
Genesis believes that Arltunga is a highly attractive gold field given the gold
is hosted in outcropping shear zone hosted quartz veins. Genesis has completed a Gradient Array IP survey and a CSAMT survey and defined a number of drill targets based on these geophysical anomalies in conjuction with mapping and rock chip sampling.
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| Magdala Gold workings | | Wheal Fortune, open cut gold workings |
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