BLUE HILL CREEK

GOLD EPITHERMAL PROJECT

Drummond Basin, Queensland, Australia

  • Gold Project

  • 8,000 ha

  • Exploration Permit Mineral (EPM)

  • HIGHLY PROSPECTIVE LARGE-SCALE PORPHYRY AND EPITHERMAL PROSPECTS.

  • RECENT RESULTS FROM NEARBY YANDAN PROJECT (198m @ 2.0 g/t Au and 214m @ 1.6 g/t Au) INDICATES EXCELLENT PROSPECTIVITY.

Background

  • An advanced highly prospective 8,000 hectare Exploration Permit for Minerals tenement located in the Drummond Basin region, Central Queensland.

    Blue Hill Creek is a low sulphidation epithermal gold-silver deposit with 10,000m of structure identified and 2,500m of high grade, shallow and at- depth veins and vein breccias up to 8m wide mapped. Open in multiple directions.

  • Previously explored by BHP (ASX:BHP) in the 1980s and then by Dominion Mining Ltd (ASX:DOM), Blue Hill Creek is situated directly adjoining FEG’s Hill 212 Gold Project and the GBM Resources Ltd (ASX:GBZ) Mt Coolon Project.

  • Exploration included scout drilling (9 holes totalling 730m) and over 24 line km of CSAMT geophysics survey work.

  • Assays of surface samples returned grades up to 6.93g/t Au and 37.3g/t  Ag

  • FEG’s completed an 11-hole (2,061m) phase 1 RC drill program circa 2,100m drilling.   Although vein continuity to depth (approx. 350m) was confirmed no significant mineralisation was intersected.