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Victoria, Australia

PDI commenced exploration in Victoria in 2010. The focus was on discovering new Stawell-like gold deposits. Such deposits may be both large and high grade, like the Stawell orebody itself. Stawell-type deposits differ from the more typical Bendigo-style quartz reefs in that gold distribution is much more predictable, thereby enabling the application of modern methods of resource calculation and mining. In contrast, the Bendigo-style of deposit is generally characterised by very "nuggetty" gold distribution which means that is very difficult to predict the grade and width of the mineralisation even from close spaced drilling.

At this stage, the Company holds only one Exploration Licence, west of Ballarat - Cape Clear (EL 5434).