https://www.youtube.com/watch?v=l96CjaxivM8
Unlocking High-Grade Gold in Western Australia’s Premier Goldfields
Our Projects
Strata Minerals Limited is an Australian, ASX-listed exploration company with a strategic focus on acquiring, exploring, and developing mineral projects in world-class jurisdictions. The Company is advancing a portfolio of high-potential assets, led by the Zelica and Penny South Gold Projects in Western Australia. It is also progressing the Elliot Lake Uranium Project (prospective for uranium and rare earths) and the Biranup Gold Project.
- Zelica Gold - Western Australia
- Penny South - Western Australia
- Biranup - Western Australia
- Elliot Lake - Canada
Zelica Gold (Au)
Located between Leonora and Laverton, Zelica sits in a highly prospective area with easy access to existing infrastructure. Previous drilling at Zelica has identified near-surface oxide gold mineralisation along a ~1km strike, which is currently open at both depth and along strike.
Strata will move quickly to verify and build upon the historic exploration through further infill and step-out drilling along the mineralised structure. Potential also exists for parallel structures that to date have not been explored by previous owners. No drilling exploration has been undertaken within the last 10 years at Zelica.
Zelica is on a granted mining licence, so a short-term aim is to consider the optimal way to potentially set up the project for near-term mining operations.
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PENNY SOUTH (Au)
Located in world class gold district and ~550m south of one of Australia’s highest grade producing gold mines1, the Penny West/North Gold Mine (“Penny”), owned and operated by Ramelius Resources Limited (ASX:RMS) which is estimated to contain 440,000t of ore at 22g/t Au (320,000oz Au)2.
Penny South Gold Project captures a ~2.5km strike extension of the Penny West Shear immediately south of Ramelius’ Penny deposits
Average historical drill hole depth across E57/1045 is ~42m, with only 18 holes deeper than 100m and 7 holes deeper than 200m, with no diamond drilling
Historic drilling within E57/1045 has encountered various significantly anomalous intersections of gold mineralisation
1ASX.SPX Announcement 16th October 2018 “SPX acquires one of the highest grade historic open pit gold mines in WA”
2 ASX.AUE Announcement 8th March 2022 Penny South Drilling Programme Completed
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BIRANUP PROJECT (Au)
15km north-east of Tropicana Gold Mine (10Moz Au)
Features significant anomalous gold zone of 10km by 3km based on historical assays
Up to 626 g/t Au in rock chips
Aircore drilling returned 9m @ 7.08 g/t Au
High priority targets require further investigation, review underway
Located in the north-eastern Albany-Fraser belt, ~350km north-east of Kalgoorlie, WA
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ELLIOT LAKE (U, REE)
Located in south-central Ontario and covers 41 multi-cell mining claims covering 180 km² in the prolific Elliot Lake Uranium district, along strike from historic major uranium producing mines.
Accessible by road from Toronto (a ~6 hour drive) with year-round access and proximity to existing infrastructure provide logistical advantages.
The prolific Elliot Lake uranium district produced 362 Mlbs U₃O₈ @ 0.1060% (1,060 ppm) U₃O₈ from 13 underground mines active between 1955 and 1996, within an area of c. 15 × 15 km.
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