Gold

Talga has four 100% owned gold exploration projects in Western Australia. The Bullfinch project is located in the Yilgarn region, 50km north of the town of Southern Cross. The Talga Talga, Warrawoona and Mosquito Creek projects are located in the historic East Pilbara gold region, near the towns of Marble Bar and Nullagine.

The projects contain many high-grade historic gold mines and prospects defined by geochemical sampling and drilling. Further work is required to advance prospects to resource stage, but the near surface and high grade nature of the prospects make them candidates for modest scale high-value development.

The Company is seeking to divest these projects to concentrate funds on graphite/graphene developments.
 



























TALGA TALGA
  •  4.3km long zone of near contiguous historic gold workings with average production grade of 36g/t Au.
  •  Drilling by Talga Resources at the McPhees Reward prospect during 2010/2011 intersected near surface high grade goldmineralisation including: 7m @ 14.4g/t Au from 54m including 1m @ 73.5 g/t Au (TTRC029), 3m @ 24.8g/t Au from 32m including 1m    @ 66.9 g/t Au (TTRC003), 1m @ 35.0g/t Au from 56m (TTRC075 and 1m @ 18.5g/t Au from 24m (TTRC061)
  • Granted mining lease over 2km of strike.
WARRAWOONA 
  • 140km2 of tenements in the Pilbara region, located 25km south of Marble Bar.
  • Parallel 6km long mineralised zone at Horrigans prospect defined by soil, rock chip and RAB gold anomalism, with surface rock samples up to 66.5g/t Au.
  • Tens of kilometres of untested historic gold workings and new high-grade gold anomalies along a major shear zone.
  • Highly likely that adjacent Klondyke gold resource (~294,000 oz Au) extends into Talga's project.
  • The Cutty Sark prospect returned 8m @ 8.5g/t Au from parallel zones west of Klondyke. 
MOSQUITO CREEK
  • 102km2 of tenements in the Pilbara region targeting extensive gold occurrences (historic mines and new prospects) hosted by Archaean metasediments of the Mosquito Creek Formation near Nullagine.
  • The Elsie Jane prospect contains a number of historical high-grade gold mines (average historical production grade 49.5g/t Au) and base metal gossans where rock chip sampling by Talga has returned peak rock sample results of 23.7g/t Au, 209g/t Ag, 5.1% Pb, 1.8% Zn, 2.1% Sb and 12.6% Cu.
  • Extensive new zones of gold mineralisation have been discovered by Talga occurring adjacent to major shear zones and porphyritic intrusions which warrant drill testing.
BULLFINCH
  • 616km2 of tenements in the Yilgarn region, located between the gold and iron producing Southern Cross and Koolyanobbing greenstone belts.
  • Numerous historical gold showings, with up to 87.5g/t gold in surface rock samples and high historical production grades.
  • Newly discovered gold-tellurium mineralisation hosted within gneissic rocks, surface rock samples have returned up to 34.6g/t gold (Au), 107.5ppm tellurium (Te) and 1,875ppm bismuth (Bi) at the Harold Holt prospect.
  • 70km by road from 2 gold mines with large (>2.2Mta) throughput mills.
For further information regarding the gold projects, please click here.