2014 Annual Report
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Goldphyre is a gold and basemetals exploration company with strategic ground holdings in the Fraser Range, Leonora/Laverton and Higginsville regions of Western Australia. It has acquired live and pending tenure over seven project areas which it considers highly prospective and underexplored.
The Laverton Downs Project is located 15 kilometres north of the Laverton township. The project lies in the highly prospective Laverton Tectonic Zone and historic base metal geochemistry anomalies and gold-in-drillhole anomalies were targeted resulting in significant and anomalous drill-hole gold intercepts recorded in 2013-2014 RAB drilling. The best intercept to date is 3m @ 10.17 g/t Au from 23m in LDRB025.
Followup RC drilling is planned.
The Beretta Project consists of one 350 km2 exploration licence application (ELA 28/2501) located in the base metals prospective Albany Fraser Orogen. Elevated nickel, copper and zinc values have been recorded in the historic drilling and regional magnetic images indicate cross-cutting magnetic lineament features and a high priority circular magnetic high feature, referred to as MI6.
The Lake Wells project is located 160 km north north east of Laverton and consists of a significant area of deformed greenstone-granitoid in the northeast part of the Yilgarn Craton, Western Australia. The project includes a range of underexplored geological settings including the interpreted northern extension of the gold prospective Yamarna Shear Zone. Shallow, historic drill-hole gold and nickel anomalism provides immediate drill targets prospective for gold, nickel, platinum group elements (PGE), base metals and uranium.
Please refer to the Projects page for detailed information about each Project area
Capital growth through exploration success and project acquisition.