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ASX Code:
AEV

Jundee Project

Jundee Project

Avenira’s Jundee South Gold Project in the North-Eastern Goldfields region of Western Australia has been renamed the Yandal Region.

This reflects the expanded geographical footprint of the project and the viewpoint that gold is only one commodity of focus, with potential for Lithium and potash.
The tenement package covers more than 1,586 km2 of the Yandal Greenstone Belt and contains tenements within 5km of the world class Jundee (10Moz), Bronzewing (4Moz) and Darlot (3.5Moz) gold mines.

The tenements within the package have been acquired organically at low cost due to Avenia’s ground acquisition policy. Areas of focus have limited historical exploration activity, combined with prospective stratigraphy and structural vectors.

Several discrete tenure parcels are located within the Yandal Region:

Jundee

Highly prospective greenstone sequence located mainly on the western half of the Yandal Greenstone Belt.  Originally thought to be exclusively felsic and intermediate stratigraphy but found to contain mafic stratigraphy and intrusive porphyries after data compilation, drilling and reinterpretation.

Several priority targets remain drill ready from a combination of historic and Avenira exploration activities in this core tenement group.

A series of interspersed tenements have been acquired opportunistically throughout the eastern and historically more productive half of the Yandal Greenstone Belt, some of which are adjacent to historic production centres such as Gourdis/Vause, Strickland, Elliott and Area 7.

Bronzewing

The northern tenements in the project contain mafic stratigraphy with potential for gold and semi-massive sulphide mineralisation along strike from Great Western Exploration’s (ASX:GTE) Harris Find and Huntsman prospects (see ASX release dated 21 July 2022).

The middle tenements in the project contain a NNW-trending magnetic feature containing mafic stratigraphy.  The trend contains historical workings which have produced low-tonnage high-grade gold with a maximum grade of 31g/t.  The same trend intersects with the Bronzewing deposit further to the south.

The southern tenement in the project contains a regional zone of shearing and potential mafic stratigraphy beneath transported cover.  There is also potential for lithium mineralisation due to pegmatite dykes being identified in outcrop in the licences immediately east.

Darlot East

The northern tenements within this project contain mafic stratigraphy folded along strike from the Darlot gold mine. The southern tenements may contain mafic stratigraphy beneath mapped granite on the 1:250,000 GSWA series mapping due to the highly magnetic response of the rocks on the edge of each tenement.  No drilling has been identified in this area.

Mount Stirling

Mount Stirling comprises four prospecting licences located on an area of mafic stratigraphy interpreted and identified in sporadic mapped outcrop.  A cover sequence appears to be in place comprising a palaeochannel which masks potential NE and NW conjugate trending structures.  No drilling has been identified within the project area.

 

Ockerburry

Two exploration licences located along strike from Red 5’s Dingo Ridge prospect.  The regional scale Ockerburry fault runs along the western side of the project and through both tenements.  The geology in the area comprises a mixed sequence of Archaean volcanics and volcaniclastics mainly beneath transported cover.