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PROJECTS

Sofala Project

The Sofala Project is located in the East Lachlan Fold Belt, 180kms Northwest of Sydney, in a high profile mining and exploration region which contains several major gold, copper-gold and silver deposits (including the Cadia-Rigeway Mine, Lake Cowal, Northpakes and the Boda Deposit).

The Sofala Project comprises mining authorities EL7423 and EL7974, which host JORC 2012 Resources totalling 352,213 oz gold across various prospects.

MinRex is currently farming-into the Project from partners Australian United Mining and Wattle Resources and holds the right to acquire a 51% interest in the Project by spending a total of $1.5 million by October 2023, and further 19% (80% in total) by spending a total of $3.1 million in the same timeframe.

There are various prospects of interest including: Spring Gully, the subject of diamond and RC drilling completed by Renison Gold Corporation in the 1990s (6 diamond and 63 RC drillholes); Queenslander Mine, which is located at an intersection with the Big Oakley Fault structure in a metallogenic environment was also the subject of Renison Gold Corporations’ 1990s drilling program; and Surface Hill, which was the subject of diamond drilling by Noranda Australia Limited in 1984 (3 diamond drillholes).

MinRex continues to systematically explore the Project to continue to unlock value for shareholders.

Sofala-Project-Map

SOFALA GOLD

Sofala Project

Over 480km2 of mining authorities located in significant gold, silver, zinc and copper production areas, which include JORC 2012 Resources totalling 352Koz Gold.

Sunny Corner

The Sunny Corner Project comprises EL5964 (Sunny Corner), EL9133 (Sunny Corner North) and EL 9504 (Sunny Corner South).

Surface Hill

The Surface Hill prospect is located 3.5 km. NNE of Wattle Flat and had been a centre for small scale mining during the 1800’s and 1900’s (11,250 ounces recorded production) with several small pits and a small driven into the hill.

Spring Gully

The Spring Gully Prospect is situated within the Sofala Project is situated within the world class province of the Lachlan Fold Belt in NSW.

Queenslander

The Queenslander Prospect is centred around the old Queenslander Mine which is approximately 2km south-west of the township pf Sofala in central NSW.

Wiles

The Wiles Prospect area is located 30km north of the town of Bathurst and surrounding the village of Wattle Flat in eastern New South Wales, approximately 200km west Sydney.

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