Goldstake Explorations Inc.

Hill End, AUS
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Prospect D
Prospect D "A"
Exploration Targets

HILL END NSW, AUSTRALIA - GOLD (AU)

The Australian Hill End, Golden Gully property consists of two gold leases totaling 20 acres in addition to a 90-acre dredging lease, all of which have been recently renewed for 20 years and 10 years respectively. The Hill End goldfield is the richest goldfield per ton of ore crushed in history, with an average recovered gold grade of 30 ounces per ton. The Golden Gully mineralized veins extend for 1.7 kilometers in a saddle reef formation, comprised of 11 gold-bearing reefs.

The company plans to sink a decline or vertical shaft to 600 feet in order to allow access to all 11 gold-bearing reefs. This could give way to a projected 200 tons-per-day production for 400 ounces of gold, increasing periodically with patches of bonanza grade gold:

See following maps (Exhibit 5 - Hill End location, Exhibit 6 - mine development plan, Exhibit 7 - vertical section).

Hill End Other Photos

( Image 1, Image 2, Image 3, Image 4, Image 5)

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