The Company is a minerals exploration company and was established for the purpose of identifying and developing prospective copper and gold assets in Queensland and New South Wales.
Golden Globe Resources project portfolio comprises the following tenements:
- Dooloo Creek Project (QLD) which comprises two granted exploration permits (EPM 15343 and EPM 27728) covering 77.94km2.. The project is located 500km northwest by road from Brisbane and 50km by road from the township of Monto;
- Alma Project (QLD) which comprises one granted exploration permit (EPM 27722) covering an area of 294.6km2. The project is located 670km northwest of Brisbane and 15km south of the township of Mount Morgan;
- Neila Creek Project (NSW) which comprises one exploration licence for minerals (EL8864) covering 42.73km2. The project is located 300km west of Sydney and 5km south of the township of Cowra.
The Company has a 100% legal and beneficial interest in the Dooloo Creek and Alma Projects and has the right to earn a 90% interest in the Neila Creek Project.
The Company holds three projects in important geological terrains that are host to copper and gold mineralisation, including world-class mines at Mt Morgan and Cadia-Ridgeway. While similar geology and proximity to significant mines does not necessarily indicate that such mineralisation will occur on GGR’s tenements, or that if mineralisation does occur it will be economic to extract, prospectivity is often a function of geologic setting.
The Company is well positioned at our flagship Dooloo Creek and nearby Alma projects in the Devonian aged volcanic arc of Queensland, and with the new Neila Creek project in the Lachlan Fold Belt of New South Wales.