Enterprise

Bullant

Tuart

Federal

Janet Ivy

Enterprise Project

The Enterprise deposit is located 38km north-west of the Paddington Mill, within the Ora Banda project area. Geological control on the Enterprise deposit comprises the intersection of an east-west trending structural corridor with a stratigraphically favourable south-west dipping dolerite sequence.  Mineralisation is hosted by brecciated and pervasively altered dolerite material.  The main lode of mineralisation forms a broad, robust, plunging pipe, remaining open down-plunge to the west where drilling density diminishes.

Mining commenced in May 2013 and first ore was treated in October 2013.

Enterprise has provided an average production of 110,000oz of gold per year for 5 years.  Evaluation of underground mining opportunities for Enterprise is continuing.