Tunkillia Gold Project (SA)

The Tunkillia gold project on the central Gawler Craton has been a joint venture for a number of years between Helix Resources and Minotaur Ventures.  The project incorporated a significant strike extent of the regional Yarlbrinda Shear Zone across three tenements along with a JORC resource of 803,000 ozs of gold (Area 223 deposit, Minotaur release to ASX dated 3 August 2009).  Minotaur Ventures had earned a 55% equity in the project.

Minotaur Ventures (a subsidiary of Minotaur Exploration) and it’s interest in the Tunkillia gold project along with two adjacent tenements (EL4439 Deception Hill and EL4696 Cooritta Hill) were sold to Mungana Goldmines Pty Ltd in January 2012 for $4 Million cash and 3,076,923 Mungana shares (ASX:MUX).

Project details last updated January 2012