Regional geology of the Yandal Greenstone Belt showing the location of Echo's exciting new Julius Gold Discovery
Summary drilling results, Julius Gold Discovery
The Yandal Project covers a premier position in the Yandal Belt in the northern part of the Eastern Goldfields Province, Australia's largest gold producing region. Over 13Moz of gold have been delineated in the Yandal Belt in a number of deposits since 1987. The largest gold deposits include Jundee (5.4Moz gold), Bronzewing (2.3Moz gold), Darlot (2.9Moz gold) and Thunderbox (2.0Moz gold).
The Yandal Belt lies 50km east of the belt hosting some of the world's largest komatiite-associated nickel sulphide deposits, including Mount Keith (2.7Mt nickel), Perseverance (1.3Mt nickel) and Honeymoon Well (1.1Mt nickel).
The Project's aggregate Indicated and Inferred Mineral Resource is approximately 2.1Mt @ 1.5g/t Au for 100koz Au on granted mining leases.
Echo has made an exciting virgin gold find (Julius Gold Discovery) under thick cover approximately 55km southeast of Jundee.
The Project area has received little modern exploration for nickel, despite the tenements containing ultramafic rocks similar to those hosting nearby nickel sulphide deposits.
Echo is conducting nickel exploration on highly prospective ultramafic units with an aggregate strike length exceeding 60km.