NAE has rapidly assembled a large 1,863km² tenement package in the highly competitive Central Pilbara district of Western Australia located ~50km from De Grey Mining’s exciting Hemi gold discovery through a combination of NAE Exploitation Licence applications and acquisition of granted Exploration Licences from Monterey Minerals Inc.
NAE’s Lammerlaw Prospecting Permit covers a large 265km² area in the Lammerlaw Ranges which is prospective for Macraes style (>10Moz) shear hosted gold targets. The Lammerlaw Permit contains historic gold, scheelite and antimony workings and New Zealand’s largest alluvial gold deposit.
The Otago Pioneer Quartz (OPQ) Gold Exploration Project is located on NAE Exploration Permit 60502.
The Lochinvar Coking Coal Project is located on the Scottish and English borders. The project consists of three adjacent licences, which are 100% owned by NAE, known as Lochinvar, Lochinvar North, and Lochinvar South.
The Manorburn prospect is covered by Minerals Prospecting Permit application 60716.01 and is 221.8km² in area. Manorburn is located 20km southeast of the Rise and Shine Shear Zone (inferred 252koz gold Mineral Resource that forms the Bendigo-Ophir Gold Project recently purchased by Santana Minerals (ASX: SMI).
The Marlborough permit comprises of Minerals Prospecting Permit 60725.01 that covers 499km² of the Marlborough Schist Belt, a northern analogue of the Otago Schist Belt offset ~470 km along the Alpine Fault.