LEONORA GOLDFIELDS PROJECT
Key Prospects
Craig’s Rest – located 60 km north-north of Leonora
Victor Bore – situated 10km from Leonora
Great Northern – located 15km east of Leonora
Barlow’s Gully – positioned along the Ursus Fault Zone
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PROJECT OVERVIEW
The Leonora Goldfields Project is a highly prospective gold venture located in Western Australia’s central gold district, operated by Evergreen Lithium Limited (ASX: EG1). The project features a JORC 2012-compliant inferred resource of 63,000 ounces of gold and an exploration target of up to 592,000 ounces at 3.6 g/t Au, positioning it as a key asset in Evergreen’s portfolio.
Strategically situated near world-class deposits like the +4Moz King of the Hills and +6Moz Sons of Gwalia, the project benefits from exceptional infrastructure, including sealed roads, grid power, and proximity to four processing plants within an 80km haulage range. The tenement package includes 15 tenements, comprising 13 mining/prospecting licenses and two exploration-stage licenses, offering significant development and resource growth potential.
Leonora Goldfields Project Location Map
KEY PROSPECTS
Craig’s Rest
Located 60km north-northwest of Leonora, Craig’s Rest features significant historical workings and high-grade intercepts, including 5m @ 57.9 g/t Au and 2m @ 26.6 g/t Au. The prospect shows strong potential for open-pit mining with near-surface mineralisation.
Victor Bore
Situated 10km from Leonora near the Goldfields Highway, Victor Bore has delivered high-grade assays up to 28.4 g/t Au and recent drilling results like 8m @ 3.46 g/t Au, enhancing its development prospects.
Great Northern
Located 15km east of Leonora, Great Northern hosts historical workings with intercepts such as 4m @ 3.68 g/t Au. Ongoing drilling indicates mineralisation extends at depth.
Barlow’s Gully
Positioned along the Ursus Fault Zone, Barlow’s Gully features assays up to 15.5 g/t Au and a 480m x 100m gold target, with further exploration planned to extend mineralisation.
GEOLOGY & EXPLORATION
The Leonora Goldfields Project is situated within greenstone belts and granite intrusives, a favorable geological setting for orogenic gold and volcanogenic massive sulphide deposits. Supported by 37 RC drill holes totaling 3,851m, the project has identified high-grade mineralisation from surface to 30-40m depths across key prospects.
Evergreen’s geology team is advancing a high-level exploration campaign to extend known mineralisation and upgrade the resource estimate. Planned activities include follow-up RC drilling, 3D modeling, and metallurgical studies to support a pre-feasibility study and accelerate the path to production.