Davyhurst

DAVYHURST

The Davyhurst Project area is located 120 km north-west of Kalgoorlie and contains both historical open cut and underground mining operations. The Davyhurst area hosts some of the largest deposits within the entire OBM landholding and considerable potential remains for the discovery of new gold deposits as well as extensions to existing resources.

GEOLOGY & MINERALISATION

Mineralisation at Davyhurst occurs along two principal trends:

  1. On the eastern side of the project area, mineralisation is developed in a series of silica-biotite-pyrite altered shears within a tholeiitic to high-Mg basalt sequence. At the Lights of Israel deposit, an ore shoot within the shear has been tracked with drilling for approximately 1.8 km down plunge and mined to approximately 500 m below the surface. The deposit remains open at depth. A conceptual repeat target exists in the footwall of the LOI deposit. The company believes similar down-plunge shoot development could occur in the adjacent Makai and Great Ophir deposits. The company also believes it has identified the possible northern extension of the Golden Eagle ore shoot down plunge from the existing open pit.
  2. On the western side of the project, the Waihi trend extends some 30 km from the Two Gum Dam prospect in the south, to north of the Waihi open-cut mine. Gold mineralisation is associated with the sheared contact between a tremolite-chlorite schist and a high-Mg basalt unit. Along the trend there are several advanced targets that require additional drill testing.

RESOURCES & RESERVES

HISTORICAL PRODUCTION
The table below summarises the cumulative gold production from the project based on the available records;

ProjectProduction Period
Pre 19501950-19801980-20002000-2008
(oz Au)(oz Au)(oz Au)(oz Au)
Davyhurst* 230,000 – 428,000 152,690

* Includes Waihi, etc

Davyhurst Historical Production Total oz Au