Gold Mountain Limited (ASX: GMN) is an Australian, publicly listed company exploring for world-class, porphyry copper-gold-molybdenum deposits in the highly prospective Papuan Mobile Belt (PMB) in Papua New Guinea and lithium deposits in the highly prospective Lithium Valley in Brazil.
Sensational projects with unlimited opportunities
Brazil Lithium Projects
Logradouro –
Lithium
Logradouro –
- Over 250 pegmatites now known on Logradouro tenements. More expected.
- This tenement lies along strike from numerous known tantalum occurrences and one known lithium occurrence.
- The visited Logradouro pegmatites were up to 16 metres wide of continuous outcrop and in two instances, the pegmatites may have been up to 55 and 60 metres wide with discontinuous outcrops.
Solonópole –
Lithium
Solonópole –
- Areas with quartz-tourmaline float, a lithium associated mineral, were found.
Icó –
Lithium
Icó –
- Known beryl producing pegmatite was visited and sampled.
- The pegmatite is undeformed and likely to be related to Cambrian age granites.
- Additional targets have been interpreted from satellite imagery that crosscut regional trends.
Juremal –
Lithium
Juremal –
- Leached spodumene previously found is of substantial interest and a worthwhile target.
Custodia –
Lithium
Custodia –
- Known lithium in soil anomalies and pegmatites.
Cerro Cora – Porta D’Agua –
Lithium
Cerro Cora – Porta D’Agua –
- Presence of LCT pegmatites in the Cerro Corá – Porta D’água tenements region.
- Additional pegmatites found on interpreted structures and indicate many more pegmatites can be expected to be discovered in this very prospective area.
Multiple promising exploration projects underway in the highly prospective Lithium Valley in Brazil with a growing, experienced and dedicated team.
Over 250 pegmatites now known on the Logradouro tenements. More expected to be present.
Lies along strike from numerous known tantalum occurrences and one known lithium occurrence.
Additional LCT type pegmatites
discovered on interpreted structures cross cutting regional structural trends in suitable host rocks at Cerro Corá – Porta D’Água.
Areas with quartz-tourmaline float, a lithium associated mineral
found at Solonópole.
Icó project contains known beryl producing pegmatite
with additional targets interpreted from satellite imagery.
An initial team of experienced geologists and a field technician has been assembled as a first step in
rapidly progressing exploration.
The extent of leaching of lithium, from spodumene in particular
was striking.
PNG Gold Projects
Monoyal –
Porphyry Copper, Gold and Molybdenum
Monoyal –
Porphyry Copper, Gold and Molybdenum
- Wide intercepts of copper and molybdenum identified in drill holes
- Mineralisation covers a 1 km long by 800m wide area
- Recent outcrop sampling extends the area of known mineralisation to the North West
Mt Wipi –
Porphyry Copper, Gold and Skarn
Mt Wipi –
Porphyry Copper, Gold and Skarn
- Gold Mountain Limited has targeted the Mt Wipi area, which is considered to be highly prospective
- Located in an area with the same structural trend as both the Monoyal and Sak Creek targets
- High-grade copper assays were obtained from outcrops along with a creek system
Sak Creek –
Porphyry Copper and Gold Target
Sak Creek –
Porphyry Copper and Gold Target
- Large copper in soil anomaly – covers 800m x 500m area
- Alternation characteristics of typical porphyry deposits
- High-grade copper/gold and lead-zinc mineralisation identified in shears which are indicative of being at the upper levels of a porphyry system
Boasting a footprint of more than 2,500km2 in the prolific Papuan Mobile Belt, and a highly experienced and dedicated management and technical team, Gold Mountain Limited is well placed to make ground-breaking discoveries through the flagship Wabag Project.
Wabag project located within the world-renowned copper/gold province
in the PMB in Papua New Guinea.
+2,500 km2 footprint within prolific PMB
70 km from the Porgera gold mine and within a cluster of other major mineral deposits.
Highly experienced and dedicated
management and technical team.
Based on soil geochemistry and alteration mapping, there is the potential that Sak Creek may host another
large porphyry system.
Extensive copper and molybdenum mineralisation
intersected in five holes at the Monoyal Prospect, indicating GMN is possibly drilling above a very large porphyry intrusive system corridor.
Strong current
copper and gold market fundamentals.