Investment Summary
Leviathan has assembled a highly prospective landholding that includes at least 30 historic mine workings and hard rock surface gold occurrences associated with prominent regional-scale mineralizing fault structures on the properties.
Production documented in Victorian Government databases from these operations indicates the presence of high-grade, potentially repeating ore shoots. Historic mining of ore shoots was rudimentary by today’s standards and typically stopped at not more than —130 meters due to water ingress; historic mine plans show these structures to be open to depth and on strike. Production generally ceased with the onset of WW1 , virtually no modern or systematic exploration since this time.
Leviathan is targeting the discovery of high-grade ore shoot, and accompanying wall-rock gold mineralization, similar to others deposits in district (Fosterville, Bendigo, Ballarat, Castlemaine, Stawell), as well as those further afield (Roxgold, Yaramoko).
Drilling of priority targets and property-wide mapping and prospecting underway
Share Structure
Issued & Outstanding
19,944,764
Stock Options are Exercisable at $2.50
1,200,000
Cash
$3M CAD
Debt
None
Total Fully Diluted
21,144,764