The Ashburton Project takes in Giralia’s Angelo, West Beasley and Feed Bore projects.

Beasley West Project
The Beasley West tenement covers the area of a gold discovery made by prospectors, including a significant gold in quartz specimen (the ‘Snapping Duck’ specimen containing approximately 20 ounces of gold) plus numerous other near-surface gold traces widespread within an approximately 5 square kilometre area in the Ashburton district.

A total of 40 stream sediment samples were taken targeting the low grade metamorphosed basalts and spinifex textured flows which are postulated to host auriferous quartz veins. The results were varied with the maximum gold value returned being 113ppb gold. Additionally, 436 soil samples were taken. several of the results received in the first batch are considered anomalous, with values to 146 ppb gold.

Angelo Project
The Angelo project covers 40 kilometres of strike extensions just east of the Paraburdoo gold mining centre. The Nanjilgardy Fault zone, a major regional thrust fault, along which the Mt Olympus and Zeus ore bodies lie, is exposed for at least 15 kilometres into the Company’s Angelo licences, and is interpreted from aeromagnetic data to project beneath cover for a further 20 kilometres.