About

Paleogold’s primary objective is to pursue alluvial gold exploration in the States of Victoria and Western Australia by proving up discovered and accessible paleochannels that have the potential for high grade alluvial gold hidden in these ancient sediment covered river systems in the Yilgarn Craton in Western Australia.

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  • Our advanced WA projects and the new 2022 drive into Victoria will deliver us the best opportunity for production in 2022.  The extremely high gold price in A$ can result in substantial margins for the business plan we have prepared.
  • Production costs well under A$1000 is attainable and can deliver substantial shareholder reward. Subject of course to the gold price.

Paleogold is a small but advanced gold exploration company with active surveyed and drilled projects in Western Australia and new projects in Victoria. We established Paleogold with the prime purpose of exploring and developing the unique mining opportunities presented by the undiscovered paleochannels draining the goldfields of Victoria and Western Australia for possibly 30-50 million years.

Western Australia and Victoria have numerous systems that are being searched with our newly developed methodology. An exploration program that is extremely flexible, moving on quickly to the next prospect when results are not as promising as we need. 

More detailed information is presented in the Information Memorandum available by request. The Board has significant experience in the mining industry and hands on experience in regard to alluvial mining specifically. It is this latter experience that has led to the development of this new technological methodology and what it can bring to the search for paleochannels.

Our technological approach to seeking buried river systems and by concentrating on known gold areas, mostly adjacent to known gold mines, has proved very successful. 

It needs to be understood that the areas we are searching have produced substantial gold historically but with  very rudimentary methods.  In most cases without the benefit of water supply, and mostly from just the surface using what is known as dry blowing, using air to separate gold from sand.  These early miners had no water, and little equipment and in those days no mechanisation and all in remote inhospitable areas. 

Now it is different. The modern gold detectorists now find much gold under the feet of the old-timers ground – many very exciting large gold nuggets have been found in our search area. We now have the right equipment, and ample water is available from the ancient paleochannels that we are can easily identify.

The Team

Ian Ennis

Ian has been involved in the mining industry since 1972 more recently with particular emphasis on sourcing new opportunities in Western Australia that resemble many of the rich Victorian gold fields. In 1991 he completed a Mineral Processing Diploma (LaTrobe University Bendigo School of Mines). Ian was also a Director of the London Stock Exchange listed company Cambrian Oil & Gas. A UK oil exploration company. It was a project in Dunolly Victoria that he managed which produced gold from shallow paleochannels and the understanding and knowledge emanating from that mine that drives this project. Ian has been the driving force behind three mining being listed on Stock Exchanges in London and Australia. Each company still operates. He is an experienced drill operator and gold mining processing plant manager.

Geoffrey Crothers

Geoff is an experienced alluvial miner having operated his own processing plant at Koonmarra, not far from the current survey area. Geoff was born and bred in Geraldton, Western Australia. He and his family have been building contractors in the region for 100 years. Many of the hospitals in the region have been built by Geoff or his father. Bush skills as well as business acumen are an asset that is required in these regions and especially for this exacting remote area project.

 

 

Mike McRae - Williams

Mike McRae-Williams has a Master of Science Degree from the University of Melbourne and has 35 years’ experience working in the mining industry in the fields of Project Management, Metallurgical Assessment, Process Plant Design, Plant Operations Management, Environmental Impact Assessment, Environmental Management System Development and Licensing. Mike is a specialist project manager with wide experience in the metallurgical assessment of ore bodies, and the design, construction and commissioning of processing plants. He has been responsible for the inclusion of several innovative concepts during his 35 years of involvement in the environmental and mining industries. These have included: • An innovation that allowed the operation of gold recovery cyanidation plants outside the normal parameters for safe working which has the potential to dramatically reduce reagent consumption in gold C.I.P. and C.I.L. process plants • Development of a technique for the dissolution of gold from ores without the use of Cyanide. This process has led to the registration of a patent. • Refinements of vat leaching carbon cartridges for improved gold adsorption. • Development of a new electrolytic cell for gold recovery from stripping solutions.

Charles Hider

Charles is formerly Chairman of Partners of Rigby Cooke, Solicitors, Melbourne and has gained extensive international legal, commercial and negotiating experience in respect of Technology and Resources. For 10 years he was a member of the Victorian Parliament. A former committee member of AMPLA (Resources and Energy Law Association). Charles was founding director of St Barbara Mines Limited and Chairman of a number of other Australian Stock Exchange (ASX) listed resource companies including Grant’s Patch Mining, Ballarat Consolidated Gold and Northern Mining.