12.07.2015 Views

Grange Resources Limited, Level 13, 221 St Georges Terrace, Perth ...

Grange Resources Limited, Level 13, 221 St Georges Terrace, Perth ...

Grange Resources Limited, Level 13, 221 St Georges Terrace, Perth ...

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Abercromby Well Project SUMMARYLocated approximately 30 km SE of Wiluna in the Agnew-Wiluna Greenstone Belt<strong>Grange</strong> holds a 10% free carried interest in M53/336 to adecision to mine or expenditure of $2 millionThe tenement forms part of the Honeymoon Well goldproject being explored by Perilya <strong>Limited</strong> in joint venturewith MPI Pty LtdTenement is prospective for gold mineralisation andsignificant intersections recorded from the Capital andBungarra prospects located along strike including:16m @ 17.6g/t Au, 24m @ 11.3g/t Au, 9m @ 16.7g/t AuM53/336 covered by Lake Way alluvials and calcrete whichhas hampered exploration

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