Projects

The
portfolio

Six Queensland permits across the Connors Arc and Drummond Basin — one held outright, the rest advanced with Far East Gold — plus an expanding PNG pipeline.

100% Ellenkay Gold

Mt Donald

EPM 28730 · Queensland · granted · 17,250 ha · Fletchers Awl Dome

Our 100%-owned flagship: a zoned, telescoped porphyry-to-epithermal system mapped across ~2.5 km around an oxidised, Kennedy-age diorite (geochronology 318–295 Ma) — the same intrusive family that hosts North Queensland's ~40 Moz of intrusion-related gold.

Surface work has returned a peak rock chip of 40.5 g/t Au within a >13 km² alteration halo carrying 21 spectral targets, six of them priority-one. Remarkably, no diamond hole has ever been drilled on the permit — the system is wide open.

17,250 ha
Permit area
Fletchers Awl Dome
40.5 g/t
Peak rock
chip gold
>13 km²
Alteration halo
21 spectral targets
0
Diamond holes
ever drilled
10% Ellenkay · 90% Far East Gold (ASX:FEG)

Mt Clark West

EPM 26008 · Connors Arc, Central QLD · 1,912 ha · Cu-Au-Mo porphyry

A highly prospective tenement in the strongly mineralised Connors Arc, near the Hail Creek mine and ~75 km from the Port of Mackay. Mt Clark West hosts a significant geophysical anomaly coincident with Cu-Au-Mo geochemistry — the signature of a porphyry system beneath cover.

Drilling in MCDD002 intersected 104 m of 0.1% Cu from 114 m, including 14 m at 0.23% Cu from 180 m. A 21-line-km deep-penetrating MIMDAS survey was completed in August 2022. Together, the geochemistry, geophysics and drilling suggest the holes clipped the outer shell of a porphyry — with the core still to be tested.

1,912 ha
Permit area
Connors Arc
104 m
@ 0.1% Cu from 114 m
incl. 14 m @ 0.23%
21 km
MIMDAS deep
geophysics (2022)
Magnetic inversion model
Magnetic inversion — a ~1 Bm³ anomaly (≈2.5 Bt), two-thirds under alluvial cover
EPM 26008 tenement map
EPM 260Connors Arc, near Hail Creek, ~75 km to Mackay
IP and resistivity modelling
IP & resistivity modelling over the magnetic shell — drill targets defined
Horseshoe Hill outcrop
Horseshoe Hill — outcropping porphyry stockwork quartz veins
Blue Hill Creek Project — EPM 26217 · 27794 · 28601
10% Ellenkay · 90% Far East Gold (ASX:FEG)

Hill 212

EPM 26217 · Drummond Basin, Central QLD · 1,920 ha · LS epithermal Au-Ag

The advanced anchor of the Blue Hill Creek group: a low-sulphidation epithermal gold-silver system in the Drummond Basin, with 10,000 m of structure identified and 2,500 m of high-grade shallow and at-depth veins and vein breccias — up to 8 m wide — mapped and open in multiple directions.

The ground has drawn serious names before — BHP, Dominion Mining (ASX:DOM), Battle Mountain and Medusa Mining (ASX:MML). Assays run up to 6.93 g/t Au and 37.3 g/t Ag, and Far East Gold has completed an 11-hole, ~2,100 m Phase-1 RC program.

1,920 ha
Permit area
Drummond Basin
10,000 m
Structure identified
2,500 m high-grade veins
6.93 g/t
Au (37.3 g/t Ag)
peak assays
11 holes
Phase-1 RC
~2,100 m drilled
Epithermal quartz vein samples
Chalcedonic epithermal quartz — vein textures high in the system
Colloform banded quartz
Classic colloform-crustiform banding — low-sulphidation epithermal
Banded chalcedonic vein
Banded chalcedonic vein slab, Hill 212
10% ELK · 90% FEG

Blue Grass Creek

EPM 27794 · Drummond Basin · 2,420 ha

Early-stage ground adjoining Far East Gold's Hill 212 project and GBM Resources' (ASX:GBZ) Mt Coolon project. Interpreted as low-sulphidation epithermal gold-silver quartz-vein and vein-breccia mineralisation.

10% ELK · 90% FEG

Reedy Creek

EPM 28601 · Drummond Basin · 3,660 ha

An early-stage, prospective permit in the Drummond Basin region of Central Queensland — completing the Blue Hill Creek group alongside Hill 212 and Blue Grass Creek.