Cork Tree Well project includes tenements around the old Cork Tree Well Mine, which in 1987~1988 produced 740,000 tones of oxide ore @ 2.4g/t (recovered) from two shallow open pits.

The Mineral Resources estimate of Cork Tree Well Deposit is based on the assay data from the historic data of 908 RC, and 75 infill RC drill holes completed in August 2012. The exploration for Cork Tree Well deposit was primarily on 20m x 20m and 40m x 20m drilling patterns, grading to a 55m x 30m patterns at depth. The Mineral Resources of Cork Tree Well deposit have been classified and reported in accordance with the 2012 JORC Code. A summary of the in-situ resources is shown in the table as follows:

 

Additional information