Croydon

Location and Infrastructure

The Croydon Gold Project lies between Karratha and Port Hedland, approximately 30 kilometres south of the NW Coastal Highway near Whim Creek.

The project tenement (Exploration Licence 47/2150) covers 320 km2 of the Mallina Basin and contains approximately 40 kilometres of the highly prospective Tabba Tabba Shear, 70 kilometres along trend from De Grey Mining’s Hemi Gold Deposit.

Geology and Prospectivity

The project geology is dominated by Mallina Basin sediments through the western half of the tenement and older granite-greenstone terranes to the east.

Named prospects in the Mallina Basin (Top Camp and Bottom Camp) represent large geochemical anomalies occurring along major structures that have yielded alluvial gold for over 100 years.

Systematic sampling and drilling of these anomalies by CZR Resources had resulted in the discovery of significant gold mineralisation at Top Camp in 2019.

Named prospects in the granite-greenstone terranes (Murph and Martin) represent gold and copper anomalies along the contact with a large granitic intrusive.

The Martin Prospect has at least 10 kilometres of outcropping greenstone belt with significant gold-in-soil anomalism. The prospect also contains a conductive electro-magnetic anomaly adjacent to a shallow historical pit into gold-copper mineralisation. Murph Prospect exhibits significant gold-in-soil anomalism across an old prospector patch.

Elsewhere across the tenement there are large areas with evidence of historical prospector activity that are being progressively sampled and drill-tested.