Homestake Mine, located 20km from the Bella Project, operated continuously for 125 years and produced ~42Moz Au (152Mt at 8.4g/t Au)
145 years of mining within the district - and counting
District is host to ~85Moz Au endowment
110km2 of banded iron formation host, which was previously part of the Homestake Mine sequence, offset by post mineralisation tectonics
Lack of systematic detailed modern exploration
Standby Mine - Significant Historic Producer from Open Pit and UG workings
Multiple Historic Shafts and Workings on Mapped Banded Iron formation
Rock chip sampling completed in 2022-23 outlined seven discrete target areas, with multiple significant results including:
Jackpot trends - 2.5km of strike defined by a combination of historic workings, mapping and magnetics
Multiple coincident magnetic and EM conductors identified
Nine ledge scale fold structures interpreted - each ledge at the Homestake Mine hosted between 1Moz and 19Moz Au