Victoria Desert E39/1528

The exploration licence is situated 250km ENE of Kalgoorlie and covers a NW trending magnetic high interpreted to be part of a remnant greenstone belt that may be prospective for gold. To the east and south lies the Albany Fraser Range Province, also prospective for gold, whilst 6km to the NE is the Mulga Rocks uranium deposit.

Previous exploration identified gold and base metals anomalies which were delineated from 900 samples and 70 aircore holes. These were collected from short vacuum drilling with only one sample per hole collected at the hole bottom. UOG will follow up on the anomalies situated in the west and central part of the lease and determine the geochemical profile from shallow auger drilling with numerous samples per hole. This will determine where the mineralisation is reporting in the vertical profile and aid additional sampling in these areas with the aim of identifying drill targets.

Victoria Desert North E39/1594

Victoria Desert North E39/1594 is situated 15km to the north of the Victoria Desert licence and covers approximately 110km². Most of the area is underlain by narrow belts of north west trending greenstone within granites interpreted from aeromagnetic surveys. The area is prospective for gold, base metals and Uranium is covered by Tertiary sediments and a narrow salt lake crosses the middle part of E39/1594. Previous exploration included 6 aircore holes and 85 short vacuum holes with one sample per hole and 68 soil samples. It is noted that this exploration was concentrated in the extreme northern part of the tenement north of the salt lake and is interpreted to be underlain by granites. UOG will concentrate exploration on the southern half of the area targeting gold mineralisation where NW trending structures are identified from aeromagnetic data and possible palaeochannels for Uranium.