Whroo Goldfields Project

(Nagambie Resources 100% ownership)

The Whroo Goldfields are located approximately 130 km north of Melbourne, and 23km northeast of the Nagmbie Mine site. It is one of Victoria's largest epizonal goldfields. Alluvial gold and antimony ores were mined during the 1850’s gold boom. The vast majority of the extent of the Whroo Goldfields are cover by EL6158, including the historic Balaclava Mine and other antimony-gold producing workings and mines.

These old workings and mines remain untested at depth in an E-W direction, the drill direction most likely to discover C-style north stiking antimony lodes.  The absence of deep E-W orientated drilling is interesting as historic records show N-S antimony veining as a ‘marked feature’ in many of the recorded reefs.

Antimony veins were recorded in the Balaclava and Alberts Reefs and the Stockyard Reef and its associated Peep-o-Day Reef.  These antimony veins are analogous to the antimony veins discovered at the Nagambie Mine, making this a highly prospective tenement for high-grade antimony.

The most recent exploration program undertaken at Whroo was by Mawson Victoria Pty Ltd (‘Mawson’, owned by Southern Cross Gold Ltd) in January 2020.  Mawson drilled two drill holes under the historic Balaclava open pit in 2021 (in a N-S direction). Despite drilling in an N-S direction, high grades of antimony and gold were intersected, as shown in the table below of select intersects.

Select intersects reported by Mawson Victoria (Southern Cross Gold)