Skye Gold Project

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Along strike from major gold deposits

Positioned just 40km from Barton Gold’s 1.2Moz Challenger Gold Mine, Auravelle’s 100%-owned Skye Gold Project sits along the same structural corridor that has produced over a million ounces of gold. It’s also just 1.5km from Marmota’s Golf Bore deposit.

Auravelle’s exploration focus: test the laterally continuous gold-bearing structures that run from Challenger, through Golf Bore, and into Skye. With historical gold grades and proven geology, this project offers outstanding near-mine discovery potential.

Project Details

  • Located in the central Gawler Craton of South Australia, ~700km north-west of Adelaide.
  • Comprises one granted Exploration Licence (EL 6492) and covers an area of 155km2.
  • Situated 40km north-east of Barton Gold’s Challenger Gold Mine, which produced approximately 1.2Moz of gold between 2002 and 2018 and is currently under care and maintenance (see https://bartongold.com.au/projects/challenger/).
  • Also sits adjacent to Marmota Limited’s Aurora Tank deposit and only 1.5km along strike from Marmota’s Golf Bore deposit, which has a current Mineral Resource Estimate of 119koz Au (3.8Mt @ 1.0g/t Au) (see ASX: TYX 30/5/2018).

The Skye Project is subject to a 1% royalty with Meeka Metals Limited.