Explaurum Limited
Explaurum Limited (ASX: EXU) is an Australian-based gold exploration company focused on the exploration and development of the Tampia Gold Project, located 240km east of Perth in the wheatbelt of Western Australia near the township of Narembeen.
The prospect was discovered in 1987 and an Inferred Resource of 324,000oz gold estimated in 2000. Explaurum acquired the project in September 2015.
Exploration drilling has significantly increased the potential size of the project, with shallow, high grade mineralisation open in all directions.
Our ongoing program at Tampia over the next 12 months will include:
- Completion of comprehensive metallurgical test work to optimise plant design,
- Regional soil geochemistry to define near surface mineralisation along the greenstone trend,
- Structural geology to interpret the regional structure and its controls on mineralisation,
- Exploration drilling of gravity targets,
- Major Infill and extension drilling program to upgrade the Gault resource area to feasibility standards,
- Characterisation of waste and tailings material required for development approval,
- Airborne gravity survey of the Company’s tenements to assist mapping of mafic gneiss.
- Ongoing feasibility study program to be completed H2 2017.
Learn more at www.explaurum.com.au
