ELA5537 (Cape Clear Minerals Pty Ltd) Work Program
Readers of the advertisement placed by Cape Clear Minerals Pty Ltd (CCM) on 7th January 2015 in regards to this Exploration Licence Application can read the details of the proposed work program here. A PDF of the notice of application may be read here.
EL5434 (Predictive Discovery Limited)
PDI currently holds one Exploration Licence in Victoria - Cape Clear, EL 5434 (see Figure 1). The ground is considered highly prospective for the discovery of Stawell-style gold mineralisation.
A binding joint venture agreement was signed on this EL with Cape Clear Minerals Pty Ltd (CCM) in September 2014.
Key terms of the agreement are:
CCM is a private mineral exploration company based in Victoria. It has an Exploration Licence adjacent to EL5434.
PDI entered into this joint venture with CCM in order to focus its activities on its large and highly prospective ground holdings in West Africa.
Figure 1: Locality and Geology Map of Cape Clear Exploration Licence, EL5434.