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Golden State's Laverton Project comprises two land holdings, the England and Kelly Well Prospects.
The prospects lie in the strategic Laverton Tectonic Zone, close to the large Granny Smith and Wallaby mines.
England
England is located on the same north-east trending structure as the Wallaby gold deposit (7 million oz) and is close to the Granny Smith Deposit (>2 million oz). Preliminary RAB drilling by Golden State has encountered strong gold anomalism (5 metres at 5.6 g/t gold) associated with this north-east structure. Further drilling is proposed to follow up the anomalous intersections on the mineralised structure.
Kelly Well
At Kelly Well Golden State has identified a significant gold soil anomaly adjacent to the north-trending shear that hosts Placer Keringal gold mine to the south. Competitors have reported gold intersections in drilling adjacent to Golden State's tenement.
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