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Exploration Programs

Independent geological consultants Geos Mining conducted a review of all mineral tenements and current and historical exploration data held by Synergy Metals in north-eastern Victoria (Figure 1) and identified key target areas for further exploration programs to be undertaken across the following areas:

  • MIN4921 (Glen Wills & Sunnyside goldfields)
  • Exploration Licence 3916 (Merrimac prospect)
  • Exploration Licence 4744 (Granite Flat prospect)
  • Exploration Licence 4717 & 4818 (Benambra district)

The following table represents the exploration programs that have been recommended and Synergy Metals has commenced a number of these exploration programs on the Company’s tenements.

PRIORITY TENEMENT PROSPECT PROGRAMME AIM
1 MIN4921 Centre Country Resource drilling Add resources
EL4717 Omeo Shear Zone Drilling Define Au resources
EL4744 Granite Flat Mapping & sampling Field check sampling
EL4744 Granite Flat Drilling Resource expansion & validation
2 MIN4921 Maude Mine – South & Central Resource drilling- underground Add resources Improve resource status
MIN4921 Sunnyside Resource drilling Add resources
EL3916 Merrimac Mapping & sampling Define drilling targets
EL3916 Merrimac Drilling Define Au resources
EL3916 Regional Mapping & sampling Follow-up anomalies
EL5300 Regional Mapping & sampling Define anomalous zones
3 EL4717 Regional Mapping & sampling Follow-up regional anomalies
EL4744 Merrimac Ext Mapping & sampling Follow up stream sediment anomalies
EL4818 Wattlebird Mapping & sampling Follow-up soil anomalies