Projects

Projects Overview
Gold:
Uranium:
- Thatcher Soak
- Yamarna Regional
Other Commodities:
- Yamarna Nickel
- Yamarna Chrome / PGE

Projects: Overview

Eleckra has two exploration projects in Western Australia:

The Yamarna Project in the Eastern Goldfields, with an approximate area of 5,000km² is prospective for gold, uranium, chromium, nickel and copper. This project already contains one confirmed gold resource with Measured, Indicated and Inferred Mineral Resources totaling 740,000 oz of gold (12.6 mt at 1.8 g/t Au).

Significant sections of the highly prospective Thatcher Soak calcrete hosted uranium occurrence lie within Eleckra's tenements. Recent drilling by the Company has outlined extensive uranium mineralisation within Eleckra's Thatcher Soak areas.

Eleckra's strategy at Yamarna is to build the project's gold resources to a sufficient size and grade to justify the economic development of a gold mining operation at Yamarna and advance the project's nickel potential. In addition Eleckra intends to develop its exciting uranium portfolio by realising the potential of the highly prospective Thatcher Soak uranium prospect, sections of which lie within Eleckra's tenements.

The Company's total tenement position within the Yamarna Project comprises 46 granted tenements and rights in respect of 33 applications for exploration licences, prospecting licences and mining leases, covering approximately 5,000km² in area. These tenements cover most of the Yamarna Greenstone Belt and portions of the adjacent Dorothy Hills and Mount Venn greenstone belts within Western Australia's Eastern Goldfields.

The South West Project consists of the Darkan exploration licence, some 60km southeast of the Boddington gold project and the Dinninup exploration licence about 60km south of Darkan, both located south of Perth.

The Company also has one project in northern Queensland termed the Kitty O'Shea Project, covering an area of about 130km² located 70km southwest of Townsville in North Queensland.