NMI 79%, Balagundi Gold 21%
Exploration at Snake Hill is in its infancy, however, the results to date have exceeded our expectations. The Mt Monger Fault is spatially related to gold deposits in the region and Northern Mining believes this under-explored regional scale feature has the potential to host significant gold mineralisation, similar to other regional structures in the Kalgoorlie district, in particular the Zuleika Shear Zone.
To date, exploration completed by the Company has identified three bedrock gold mineralised trends within a broad 3km x 1.5km gold in auger geochemical anomaly. Exploration has focussed on the "Subsidiary Structure" where drilling has identified bedrock gold mineralisation over a 1,500 metre strike length. This significantly mineralised trend remains open along strike. Approvals have been received for the JV to aggressively explore the Snake Hill Corridor and other identified, yet to be explored targets within the project area. Drilling programs continue.