The Pluton Gold project offers significant potential for further exploration and development.
Project: Pluton
Minerals: Gold
Status: Initial testing and drilling completed + historical resource reports available
Gold has long been considered a safe, secure and reliable investment. 03mining.com had this to say in January 2022:
“Gold has long been viewed as a safe haven asset during inflationary periods or when other markets are experiencing turbulence. While the traditional method of investing in gold is by buying gold bullion, numerous investors have gained exposure to precious metals by buying gold mining stocks or investing in gold exploration companies.
Since the emergence of the COVID-19 pandemic, gold outperformed other markets, reaching historical highs in 2020. While it lagged slightly in 2021, the value of gold was still significantly higher in a five, ten, and 20-year comparison.
Experts believe the precious metal will remain an attractive asset regardless of what the Federal Reserve does with monetary policy.”
The Pluton Gold Project, located in far North Queensland, is an advanced exploration project with a high potential for gold and other by-product credits such as silver, copper, and molybdenum.
The project is supported by regional scale interpretation, ground mapping, and sampling. Initial field inspection has identified a porphyry outcrop, which is a key factor in ore body formation.
Surface rock chip sampling has reported high-grade gold values of up to 9.94 g/t. Drilling has also returned positive results, including a 48-meter intersection averaging 0.26 g/t of gold, with interesting copper, lead, and zinc values.
The project is situated within the Siluro-Devonian Hodgkinson Province and is hosted by siliceous sandstones and siltstones with brecciation and quartz veining.
Previous exploration work by CRAE and Australian Gold Resources has confirmed the presence of gold mineralization and identified the Pluton prospect as the best remaining target.
The project offers significant potential for further exploration and development.
Please find below the Pluton Gold Project Presentation and contact us if you require any further information.