Overview

ABOUT THE PINE CREEK PROPERTY

The Pine Creek Property is located 200 km SE of Darwin, Northern Territory, Australia. The logistics of the property are excellent. The area is well serviced by sealed road and rail link that runs from Darwin to Alice Springs. The property is also likely to be able to access the main gas pipeline from the north coast.

The Pine Creek Property is located in the western section of the central domain of the Proterozoic Pine Creek Orogen (PCO), a major gold and uranium province in the Northern Territory, with a known gold endowment of approximately 11 MozAu.

The Blue Thunder Gold Project and the White Strike Uranium Project are located within the Pine Creek Property, which covers an area of 1,253.50 sq km.  Previous diamond drilling at the Blue Thunder Gold Project has identified a very large gold system which has excellent potential for a major gold deposit.

The following map shows the location of the Company’s tenements at Pine Creek, and highlights their close proximity to other major projects including the Hayes Creek Project (uranium) of Thundelarra Exploration Limited (ASX: THX), the Quantum Prospect (uranium and rare earths) of Territory Uranium Limited (ASX: TUC) and the Cosmo Howley Mine (2+Moz gold) of Crocodile Gold Corp (TSX: CRK).

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