Mt Palmer is situated approximately 32km east of Southern Cross covering 17,116 hectares. The area has seen significant historical gold production prior to the Second World War (315,203t at 15.6g/t for 158,000oz of gold). The Project area is along strike from the historical mines and has been underexplored for gold and nickel to-date.
Mt Palmer lies in the greenstone sequence that is thought to be on the eastern limb of the major anticline folded on a north-west–south-east axis and pitching to the south-east. The greenstone is bounded on the west by granite and on the east by the lake shore. Pillow lavas, ultramafic volcanics, amygdaloidal basic lavas and tuffs have been recognised in the greenstone series, interbedded with jaspilite horizons.
An aeromagnetic survey conducted in August 2011 at 25 metre spacing for 2,501 line kilometres has been interpreted. These results are currently being reviewed to identify potential exploration targets for the Project.