Apollo Hill Project

M 39/296 (Birimian Gold 100%)

Introduction

The Apollo Hill Project comprises of one granted Mining lease, namely M 39/296, covering 23.58 hectares on the margins of the Keith-Kilkenny Tectonic Zone in the Northeastern Goldfields of Western Australia (see Figures A & B).

The target commodity is gold mineralisation related to shear hosted quartz veining, within the Keith-Kilkenny Tectonic Zone. Exploration to date has been limited, however an extensive programme of drilling has been undertaken to the north of the tenement boundary and has known mineralised positions only 500 metres along strike from the project.

Location & Access

M 39/296 is located some 630 kilometres to the northeast of Perth and 46 kilometres to the southeast of Leonora (see Figure B). Access is gained via the road from Leonora to Glenorn Station and then pastoral station tracks into the tenement area.

Previous Exploration

There is little recorded exploration for the tenement, with work limited to prospecting and mapping. Fimiston Mining Ltd and Homestake Exploration Australia Ltd previously explored the region in the early to mid 1990s, spending a reported $6 million under the terms of their 'Porkies Well' joint venture.

These two groups conducted surface sampling that delineated a broad gold anomaly. Subsequent exploration utilizing RAB drilling, and follow up RC/Diamond drilling, delineated prospects at both Apollo Hill and Black Zone (see Figure 5.1) to the northwest of the tenement area; these prospects contain non-JORC complaint resources.

Geological Settings

Regional Geology

The Apollo Hill project is located in the Northeastern Goldfields of Western Australia and covers an area within the northwestern quadrant of the Yerilla 1:100 000 GSWA Map Sheet. The geology of this section of the map sheet consists of a basement of Archean granites, which are overlain by a sequence of mafic basalts and dolerites that also include minor felsic volcanic units and ultramafic units within the stratigraphy.

The tenement overlies a major splay of the Keith-Kilkenny Tectonic Zone, one of the major structures in the Eastern Goldfields.

Prospect Geology

The Apollo Hill project lies within the Lake Raeside drainage system and is covered by recent lake sediments, with an area of prominent basaltic outcrop (see Figure 5.1).

The project overlies the Porkies Mega Shear, a splay of the main Keith-Kilkenny lineament. The 'mega-shear' occurs on the contact of a felsic volcanic unit, which shows pyritic and fuchsitic alteration, and tholeiitic basalt with intrusive felsic porphyries; this unit shows characteristic carbonate, pyrite and schellite alteration.

The sheared stratigraphy shows quartz veining, which is the host of the gold mineralisation at both Apollo Hill & Black Zone.

Mineralisation & Resource Potential

The mineralisation at Apollo Hill is hosted by quartz veins within a sheared and carbonate altered basalt. The established resource positions are located only 500 metres along strike from Birimian Gold's northwestern tenement boundary. In the mid 1990s Homestake Exploration Australia Ltd carried out an extensive programme of drilling to define two prospects at Apollo Hill and Black Zone. These two prospects host a substantial non- JORC complaint resource, which the current project operators are seeking to verify and expand.

The Birimian Gold tenement lies directly along strike from these prospects and it is anticipated that drilling within the project area will intersect the extensions to this mineralisation.