Peninsula Mines has signed a binding agreement to acquire complete interest in a 76km² exploration package in Western Australia’s Southern Cross region.
The tenement package extends over a 30km contiguous strike that covers gold-bearing structure in the Southern Cross region, a proven greenstone gold belt.
It is approximately 380km from Perth in the Yilgarn goldfields, south-east of the Southern Cross township.
Also known as the Southern Cross Greenstone Belt, the portfolio comprises 20 prospecting licences, one exploration licence and one exploration licence application with a combined area of around 76km².