Tambellup Project (100%)

(Tambellup E70/4173 and Tambellup East E70/4174)

The Tambellup project consists of two exploration licences covering approximately 395km² situated 100km north of Albany and approximately 30km south of Katanning.

The project area lies within the Yilgarn Craton South West Terrane with the Albany-Fraser Proterozoic Mobile Belt lying to the south and is prospective for gold and base metals.

The Company is targeting structural targets for gold mineralisation namely the north west trending Darken fault zone which is interpreted from geophysical work to trend from Boddington situated 137km to the north west and the lesser Kojonup fault which lies 5-6km to the south and runs parallel to the Darken fault.

The only recorded historical exploration of the western project area E70/4173 was an exploration licence held by Goldport Pty Ltd for a year and surrendered due to financial constraints in 2009. They carried out desktop studies to attempt to identify if structural similarities exist with the Blackburn/Badgebup and Boddington gold deposits. No fieldwork was completed.

The eastern project area E70/4174 was held for a year by Falcon Minerals. They were interested in the area after identifying regionally elevated Ni-Cu values located to the east of Tambellup from the CSIRO/CRC LEME regional laterite geochemical database for the Western Yilgarn Craton.

  

They interpreted an analogy to the Voisey’s Bay Nickel project in Canada and analysed historic water bores for whole rock, rare earth, base metal and trace elements and concluded that the project contained the essential ingredients to form a mafic hosted Nickel sulphide system.

Subsequent geochemical soil sampling over the prospective part of the project area defined nine nickel and copper anomalous areas, eight of which fall within UOG’s tenement area. They concluded that there appeared to be a mafic source generating the anomalism and recommended a moving loop EM survey to be conducted to better define the targets; this survey or any additional work was not carried out and the tenement was surrendered in 2008.

There has been no other reported exploration within the project area and therefore the area is underexplored and is considered "grassroots exploration".

Other gold deposits and mineralisation in the region besides the world class Boddington mine 137km to the north west include the Badgebup gold mine located 50 km to the north of E70/4174, some recorded gold mining near Wagin 50 km to the north of E70/4173 carried out in the early 1900’s and there was also exploration success (3m @ 11g/t Au) in drilling at Nanicup 48km to the north east.

UOG’s exploration will concentrate on sourcing and analysing data and using modern day exploration techniques which will determine the gold and base metal potential of the project.