Mt Monger North will be Monger Gold’s initial focus upon listing.
The project is highly prospective for gold, and will be ready for an RC drilling campaign in 2021 after geological mapping and data reviews are conducted.
The Mt Monger North tenement package is positioned within the Eastern Goldfields Province of the Achaean Norseman-Wiluna Greenstone Belt. The greenstone belt has been subdivided into a number of geological terrains including the Gindalbie Terrain, the Kurnalpi Terrain, and the Edjudina/Linden Terrains, which are separated by regional faults (Swager, 1995). The NNW trending Mt Monger Fault, in the south eastern portion of the holding, transects the project area separating the Gindalbie Terrain in the northeast from the Kalgoorlie Terrain in the southwest.
At Mt Monger North, gold is primarily hosted in a series of steeply NW-dipping sheeted quartz veins within a doleritic host sequence (Wombola Dolerite) that exhibits various degrees of weathering. The gold-bearing quartz veins broadly trend NE-SW and range from a few centimetres to 40 cm in width.
Significant exploration has been carried out in the Mt Monger North tenements leading to the delineation of 17 prospects in three initial exploration target zones (Figure 4) which will be the focus of future investigations. Historical drilling coupled with fresh geological and structural insights into the Mt Monger North tenements indicate that it has considerable prospectivity for gold, nickel and possibly base metals.
The 17 prospects at the Mt Monger North tenements have been named Providence, Pitu, Divine, Prophecy, Avnei, Kess, Meld, Canasta, Rummy, Andromeda, Hyperion, Hoffmann, Lords, Rainbow, Impala, Mustang and Ludlow.
- In the third Quarter of 2021, the Company will conduct geological mapping and data reviews for the tenement
- In the fourth Quarter of 2021, the Company hopes to commence an RC drilling campaign at the tenement
- Strong news flow to be expected.