Peninsula to acquire gold exploration package in Western Australia

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.

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