Mount Venn Gold Project
20% Cazaly Resources Ltd
80% Woomera Mining Ltd
The Mt Venn Gold Project comprises two exploration tenements covering approx. 400 square kilometres and is located 125km northeast of Laverton in the Eastern Goldfields Region of Western Australia. On 20 September 2019, Woomera Mining Limited (ASX:WML) purchased an 80% interest in the project from Cazaly which retained a 20% interest in the tenements and the project through the establishment of an unincorporated Joint Venture.
The project area lies within the Mount Venn-Dorothy Hills greenstone belt which is the most easterly major NW/SE striking greenstone belt of the Yilgarn Craton. Together these greenstone belts account for 30% of the world’s gold reserves, most of Australia’s nickel production, plus other base metal and rare earth deposits.
For Project work update, please refer to the Woomera Mining Limited website: www.woomeramining.com.au