North Central Gold Pty Ltd (NCG) was incorporated in January 2020 and was founded to seek and advance new gold and base metal opportunities in Victoria. Despite its proven mineral wealth, the company considers Victoria to be extremely prospective in areas undercover.
NCG manages and operates the 35 South Project exploration licences (see Table 1) and is focussed on generating targets using a combination of innovative, non-invasive, low-impact, geophysical techniques.
NCG will be conducting airborne geophysical surveys over its 35 South Project exploration licences in August 2021. The proposed airborne programs will significantly add to the existing geoscience data and knowledge of the Stawell Corridor and will be made available to the Geological Survey of Victoria following quality assurance checks.
The acquisition of high-resolution gravity and magnetic data will enable NCG to “see through” the transported sediments which cover the basement geology of the Stawell Corridor.
|EL number||Area km2||Name||Company||Accepted||Status|
|EL007403||546||Rainbow||Hopetoun Gold Pty Ltd||18/11/2020||Application|
|EL007404||553||Yaapeet||Yaapeet Gold Pty Ltd||18/11/2020||Application|
|EL007406||578||Kenmare||Kenmare Gold Pty Ltd||18/11/2020||Application|
|EL007407||555||Jeparit||Jeparit Gold Pty Ltd||18/11/2020||Application|
|EL007582||440||Warrack||Warracknabeal Gold Pty Ltd||04/02/2021||Application|
Airborne survey method
Aircraft fitted with electromagnetic and gravity instruments map variations in the electrical conductivity and extremely small variations in the natural gravitational pull of rocks, to a depth of several hundred metres without any ground disturbance.
The airborne surveys will be conducted by using a small plane flying around 80-160 metres above ground level at about 160 km/hr. The flight lines are oriented east-west, with a line spacing varying from 200 m to 1 km apart.
Timeframes and work area
The surveys will be flown in August 2021. CGG’s Falcon® Plus survey will be conducted from 4 August 2021 and will cover the area shown below from Yaapeet to Warracknabeal. From mid-August, Pinemont Technologies Australia will conduct an airborne survey to help determine electrochemical gradients (the flow of electrons from reducing to oxidising environments or “redox”).
Require Further Information?
For all enquiries, fill in your details below and one of our team members will get back to you as soon as possible.