We have a balanced portfolio consisting of three, 100% owned exploration tenements in Fiji: Ono Island, Sigatoka Iron Sands and Nadrau.
At Ono Island we have successfully completed an offset pole-dipole IP survey on two adjacent high sulphidation epithermal gold prospects on the northern part of the Island, known as Naqara East and Naqara West, and a diamond drilling program is underway.
At Sigatoka, we are exploring sands in and near the mouth of the Sigatoka River. The sands contain significant amounts of magnetite, a mineral that when concentrated is used in the steel manufacturing industry. In addition to magnetite, products such as non-magnetic heavy minerals, reclamation sand and gravel will be produced for sale.
In the case of Nadrau, two priority targets for porphyry copper-gold deposits have been mapped at the Namoli and Wainivau Prospects. Outcrops of copper-magnetite bearing porphyry intrusive have already been discovered.
Tenement schedule:
Tenement | Name | Holder | Interest | Area (ha) | Expiry Date |
SPL 1451 | Ono Island | Dome Mines Ltd | 100% | 3,028 | 12/02/2020 |
SPL 1452 | Central Viti Levu | Dome Mines Ltd | 100% | 33,213 | 12/02/2019 |
SPL 1495 | Sigatoka Ironsand | Magma Mines Ltd | 100% | 2,522 | 13/07/2018 |