Gascoyne Resources

Elphin Bore

Elphin Bore consists of one 100% owned tenement applications located 50km south of the Pilbara town of Newman just east of the Great Northern Highway.

The project area occurs on the southern margin of the Sylvania Dome, an inlier of Archaean aged granitoid-greenstone terrain on the southern edge of the Hamersley Basin.

The historic focus to date on the tenement area has been the Central gold Prospect, which is a shear hosted stockwork and vein style gold system. Only 150m of the structures’ strike potential has been tested with the mineralisation open down dip and along strike to the East and West. Historical drilling results include 8m @ 2.99 g/t gold and 13m @ 3.0 g/t gold.

Recent exploration to the east of Elphin Bore by the Independence Group (ASX: IGO) at their Karlawinda gold project has returned significant gold intersections in 2 prospects, Bibra and Francopan, resulting in the Independence Group recently announced a 674,300 oz Inferred gold resource for the project (18.5Mt @ 1.1 g/t gold). This resource and the historic gold occurrences at Gascoyne’s Elphin Bore project indicate the southern margin of the Sylvania Dome is an emerging highly prospective gold belt. Compilation of all the historic work conducted on the tenement is in progress with the aim of developing drill targets prior to the granting of the tenement.

Elphin Bore

Elphin Bore Project - location map