The 100% CBG owned Jaurdi Hills gold Property cover approximately 81,000 hectares (200,155 acres) and is located 40 kilometres northwest of the town of Coolgardie, within the Kunanaling District of the Coolgardie Mineral Field, in close proximity to the Coolgardie Gold Project and toll treating facilities.

In late 2008, the CBR Gold initiated a 2,000 metre Reverse Circulation drill program, targeting three trend areas (See CBG press release dated September 10, 2008). Thus far, three holes have been completed on the Wealth of Nations historic underground gold mine target, which tested the southerly extension of old workings. Two holes intersected quartz lodes returning the following assay results; Hole 08WNP001 intersected 4 metres at 7.81g/t Au including 2 metres at 13.2g/t Au and hole 08WNP002 hit 5 metres at 1.91g/t Au. Hole 08WNP001 was drilled approximately 100 metres south of the Main Shaft and south of the historic workings, its results possibly indicate a southerly plunge to the main gold bearing quartz lode or the presence of a new zone. 

CBG is planning to further drill these targets subject to the availability of CBG’s wholly owned Toro Drilling Services.

News

July 27, 2009
CBR Gold Provides Update on Australian Assets
Focus Minerals, Toro Drilling, and Jaurdi Hills

September 10, 2008
Commencement of Jaurdi Hills Drill Program, Western Australia