North Stawell Minerals Overview
About Us
North Stawell Minerals (ASX: NSM) is a junior exploration
company in the search for gold.
Our aim is to create significant shareholder value through the
discovery of a complete and healthy mineralisation pipeline.
Having a strong working relationship with the established Stawell
Gold Mine, we have the unique advantage of a short pathway
to production. We hold highly prospective tenements with
multiple undercover targets in the north of the Stawell Corridor.
Importantly, the rocks that host gold can be detected through
cover with geophysics.
Backed by a strong leadership team, and real potential to find
shallow masked gold, North Stawell Minerals is a compelling
partner and attractive acquisition dedicated to uncovering
Western Victoria’s preserved gold potential.
Our Values
cost-effective in
all activities
maintain a strong health and
safety culture as a priority
grow the people, the
projects, the company
present a clear
path forward
Value through efficiency
Safety is not an accident
Opportunities for growth
Clear strategic leadership
Better, intelligent exploration
Integrity as a standard
Strengthen positive relationships
adopt and adapt techniques
and technology to accelerate
exploration and streamline work
be honest and
maintain strong moral
principles
invest time and effort to continually
strengthen relationships and
meet expectations
Our Exploration Strategy
North Stawell Minerals is focused on exploring for shallow repeats of the multi-million-ounce Stawell Mine located beneath
the thin blanket of un-mineralised sedimentary cover in the Murray Basin. A significant advantage in this exploration is the
control that basalt cores have over mineralisation sites, which can be effectively mapped using geophysical methods.
DATA
COLLECTION
- A high-resolution airborne gravity survey was completed in June Qtr FY21, covering 85% of NSM tenements.
- An air core rig tested regional targets for eight months starting in October 2021.
- Follow-up Phase 2 infill drilling commenced in December 2022 and is ongoing.
TARGETING WITHIN BASALT STRUCTURES
- Mineralisation is likely to occur near the contacts of basalt cores, where geological features create dilation zones conducive to deposition.
- Drilling is prioritised in geophysically interpreted locations to evaluate alteration, geology, and structure
EXPLORATION FOR INTRUSIONRELATED GOLD (IRG)
- The presence of early to middle Devonian granites intruding into Cambro-Ordovician sediments opens up opportunities for exploring IRG and thermal aureole gold (TAG) deposits, such as the Wonga Deposit in Stawell.
- Identifying major structures that intersect or are adjacent to granites is crucial for targeting potential IRG or TAG mineralisation.
