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West Australian
Prospecting License
(P39/5455)
on offer
FOR SALE
or
Joint Venture.
Contact Mike Madigan
madiganm@hotmail.com
+61409372082
Draft Copy
Only.
The P39/5455 Prospect has been known as
either Homeward Bound South or Federation
South and the new un-worked Line on the
western side of the ground is Kalata.
The tenement has at least two lines of gold mineralisation running through it with
a number of shafts situated on one of the lines. The tenement has historic State
Battery recorded production of 1.385 kg at 81.47g/t. The same line of old workings
continues along strike to the north and into the adjoining tenement where just
across the boundary Homeward Bound has an estimated resource of 30,000 BCM
at 2.65g/t to a depth of 50 metres amounting to over 7600 ounces. As the holders
of that tenement also held the ground covered by P39/5455 at the time the
resource was calculated, part of the resource might be within P39/5455. This
adjoining tenement has recorded production of over 55.448 kg at 43.728 g/t.
Along strike to the south the same host structure (Federation Fault/Shear)
continues into vacant ground. This ground is within a declared Goldfield and only
applications for P.L.s or M.L.s are allowed. No E.L.s are permitted.
Homeward Bound South
Homeward Bound South Location
Golden Cliffs N.L.
Darlex
Madigan Tenement.
RAB Holes.
RC Holes.
May have had
Supergene depletion.
Old Shafts
5000 oz Inferred
Resource to 50m.
RC drill results within
P39/5455
3m @ 1.5g/t from 2m depth.
6m @ 2.6g/t from 32m depth.
3m @ 8.0g/t from 13m depth.
Homeward Bound South
Line of Shafts.
Old detector pushing lines.
Access Track
Boundary line.
Shaft with shallow drive.
Leonora-Laverton Rd
Leonora 40 Km.
2nd line of Mineralisation.
Kalata Creek.
Federation & Homeward Bound.
Line of Shafts
Old detector pushing lines.
Access Track
Boundary line.
Pushed Half
Kalata Creek.
State Battery Production for P39/5455 and M39/427.
Resource Estimate for M39/427.
70K tonnes @ 2.1g/t containing 147 kg of Gold to 50 metres depth.
Quartz Ridge.
Madigan
Darlex P.L.
Golden Cliffs N.L.
Prospective Ground.
Tengraph on 27th May 2016
Host structure continues into vacant ground.
References
(Presentation & Appendix)
• WAMEX a25897
• WAMEX a33989
• WAMEX a49795
• WAMEX a55754
• WAMEX a062885
• WAMEX a085679
• Google Earth
• Minedex
• Photos. Mike Madigan
• Tengraph
Appendix
Drilling on P39/5455 and adjoining tenement to the North.
Drilling on P39/5455 and adjoining tenement to the North.
Federation - Homeward Bound South Gold Mine 1
Federation - Homeward Bound South Gold Mine 1
Federation - Homeward Bound South Gold Mine 1
Federation - Homeward Bound South Gold Mine 1
Federation - Homeward Bound South Gold Mine 1
Federation - Homeward Bound South Gold Mine 1
Federation - Homeward Bound South Gold Mine 1
Federation - Homeward Bound South Gold Mine 1

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Federation - Homeward Bound South Gold Mine 1

  • 1. West Australian Prospecting License (P39/5455) on offer FOR SALE or Joint Venture. Contact Mike Madigan madiganm@hotmail.com +61409372082
  • 3. The P39/5455 Prospect has been known as either Homeward Bound South or Federation South and the new un-worked Line on the western side of the ground is Kalata. The tenement has at least two lines of gold mineralisation running through it with a number of shafts situated on one of the lines. The tenement has historic State Battery recorded production of 1.385 kg at 81.47g/t. The same line of old workings continues along strike to the north and into the adjoining tenement where just across the boundary Homeward Bound has an estimated resource of 30,000 BCM at 2.65g/t to a depth of 50 metres amounting to over 7600 ounces. As the holders of that tenement also held the ground covered by P39/5455 at the time the resource was calculated, part of the resource might be within P39/5455. This adjoining tenement has recorded production of over 55.448 kg at 43.728 g/t. Along strike to the south the same host structure (Federation Fault/Shear) continues into vacant ground. This ground is within a declared Goldfield and only applications for P.L.s or M.L.s are allowed. No E.L.s are permitted.
  • 4. Homeward Bound South Homeward Bound South Location
  • 5.
  • 6.
  • 7. Golden Cliffs N.L. Darlex Madigan Tenement. RAB Holes. RC Holes. May have had Supergene depletion. Old Shafts 5000 oz Inferred Resource to 50m. RC drill results within P39/5455 3m @ 1.5g/t from 2m depth. 6m @ 2.6g/t from 32m depth. 3m @ 8.0g/t from 13m depth.
  • 8. Homeward Bound South Line of Shafts. Old detector pushing lines. Access Track Boundary line. Shaft with shallow drive. Leonora-Laverton Rd Leonora 40 Km. 2nd line of Mineralisation. Kalata Creek. Federation & Homeward Bound.
  • 9. Line of Shafts Old detector pushing lines. Access Track Boundary line. Pushed Half Kalata Creek.
  • 10. State Battery Production for P39/5455 and M39/427.
  • 11. Resource Estimate for M39/427. 70K tonnes @ 2.1g/t containing 147 kg of Gold to 50 metres depth.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 18.
  • 19.
  • 21.
  • 23. Tengraph on 27th May 2016 Host structure continues into vacant ground.
  • 24. References (Presentation & Appendix) • WAMEX a25897 • WAMEX a33989 • WAMEX a49795 • WAMEX a55754 • WAMEX a062885 • WAMEX a085679 • Google Earth • Minedex • Photos. Mike Madigan • Tengraph
  • 25.
  • 27. Drilling on P39/5455 and adjoining tenement to the North.
  • 28. Drilling on P39/5455 and adjoining tenement to the North.