White Well Gold Project

White Well Gold Project

The White Well Gold Project is located 30km east of the historical mining town of Cue in the Murchison region of Western Australia on the Tuckabianna Greenstone Belt. The White Well Deposit consists of quartz vein hosted mineralisation within a shear zone in Archaean acid volcanic rocks. The acid volcanics are strongly kaolinised to a depth of about 80m below surface.

The near surface resource currently sits at 4.57Mt @ 0.76g/t for 110,000 gold ounces. A large component of this resource is considered to be free digging in nature due the deeply weathered profile of the area.

The project was acquired by Mutiny in 2008 via a farm-in agreement and the Company currently holds an interest in excess of 85%.

White Well Resource Table

Classification Tonnes Au (g/t) Au (oz)
Indicated Oxide Zone 4,200,000 0.67 91,000
Inferred Stockpile 70,000 1 2,000
Inferred Transitional Zone 300,000 2 20,000
Totals 4,570,000 0.76 113,000