Western Australia could be on the cusp of a new gold rush after state-funded geoscientists uncovered a chemical fingerprint ...

Simon explained his interests in gold ore deposits and how they are formed by nature. “The thing that has fascinated me is why nature forms some ore deposits that are enriched in gold,” Simon said.

The Company initiated drill testing for both types of gold deposits in January 2022 and has completed 78,958 feet of drilling and a total of 19 drill holes to date.

Types of Gold Deposit under Gold Monetization Scheme. The gold monetization scheme offers two types of gold deposits: short-term bank deposit (STBD) and medium-long term government deposit (MLTGD).