The
Zuleika Project is located on the Zuleika Shear starting 25km west northwest of
Kalgoorlie and extending 45km to the northwest from the Kundana/EKJV gold
mines. Zuleika Gold has the exploration rights over ~245sqkm of
tenements along the shear.
The Zuleika Shear area has several historical and
current operating mines which have produced to date ~20 million ounces of gold.
The Shear remains highly prospective for further discoveries and there are a
number of deepening underground mines continuing to exploit depth extensions to
significant gold ore bodies.
The Zuleika Shear is recognised as a major conduit
for gold mineralisation in the world class Kalgoorlie Goldfields.
Zuleika Gold
Project lies in the same world class gold mining district which hosts several
major gold mines, including Northern Star’s Kundana and Paradigm Mine and the
East Kundana Joint Venture (EKJV) owned by Evolution Mining, Tribune Resources’
and Rand Mining (~7Moz) and Evolution’s Frog Legs and White Foil mines (~3Moz)
and Norton Goldfields, Bullant and Breakaway Dam Mines. Zuleika Gold Project is
directly south of the Ora Banda Mining Davyhurst Gold Project.
The East Zuleika or Carnage Shear, parallel to
Zuleika also referred to as East Zuleika Shear, is an untested structure of
which Zuleika Gold has access to 20km of strike. The Zuleika Shear sits on the
western contact of the Kurrawang Basin, and the less explored Carnage Shear
sits on the eastern contact. The Carnage Shear hosts the same rock sequences in
a mirror image to the Zuleika Shear. As an exploration target its rock
sequences and structures have the same potential as the 20M/oz Zuleika Shear.
Zuleika Gold, from its detailed analysis of the vast data base, has developed a “transformational” exploration strategy for testing of more than 40 targets which have been identified in the data base, as being underexplored and requiring follow-up drill testing.
