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GLOBALMETALS EXPLORATION NL

ASX: GNI

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Description

Global Metals’ flagship project is the Jutson Rocks Greenstone Belt (‘JRGB’; ‘Jutson Rocks’), located 125 kms northeast of Laverton in the eastern goldfields of Western Australia - one of the last, if not the very last, greenstone belts in all of Western Australia to remain relatively untested by the exploration industry. The JRGB and surrounding region is currently in the midst of an exploration renaissance which has precipitated a host of discoveries within those greenstone belts which directly neighbour Jutson Rocks. In this context Global Metals has established the dominant position across the JRGB (representing some 90% of the prospective area) and built-up a close working relationship with the region’s traditional owners, the absence of which had hitherto barred meaningful exploration.

Global Metals’ flagship project is the Jutson Rocks Greenstone Belt (‘JRGB’; ‘Jutson Rocks’), located 125 kms northeast of Laverton in the eastern goldfields of Western Australia - one of the last, if not the very last, greenstone belts in all of Western Australia to remain relatively untested by the exploration industry. The JRGB and surrounding region is currently in the midst of an exploration renaissance which has precipitated a host of discoveries within those greenstone belts which directly neighbour Jutson Rocks. In this context Global Metals has established the dominant position across the JRGB (representing some 90% of the prospective area) and built-up a close working relationship with the region’s traditional owners, the absence of which had hitherto barred meaningful exploration.

The quality of the JRGB has attracted a team of world class explorationists, involved in such notable discoveries as Tropicana and Flying Fox. Given these unique elements Global Metals provides investors leverage to potential ‘world-class’ discovery upside through the Company’s dominant position across an entire greenstone belt.

Mine For

gold, nickel, platinum, bauxite

Location of operation(s)

Western Australia

Address

Se 1906, Level 19, 109 Pitt St
SYDNEY, NSW, AUSTRALIA

Phone

(02) 9225 4050

Email

Website


Last Updated

11/7/2012

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.