Leviathan Gold Ltd is focused on exploring for high grade gold deposits within the prolific Stawell and Bendigo Zones of central Victoria, Australia.
Its two main assets are 100% owned and have together produced more than 1.15Moz* of gold from hard rock and alluvial sources largely during the late 1800s and early 1900s. Mining generally stopped in the area with the advent of World War One.
These projects occur within folded and faulted flysch type sediments. In both cases erosion of ancient terrain has created large areas of auriferous alluvial deposits, which were mined from shallow sources into deeper buried river systems called ‘deep leads’. The source of this alluvial gold are numerous quartz veins that were mined to various relatively shallow depths by small companies. The significant past producing mines are aligned on major fault type structures over tens of kilometres, which are essentially unexplored.