Tuckanarra (Nemesis)

Tuckanarra (Nemesis)

Victory’s Nemesis project covers a wide sequence (greater than 1 km) of east-west trending intercalated mafic volcanics and banded iron formations.

Tuckanarra (Nemesis)

Victory’s Nemesis project covers a wide sequence (greater than 1 km) of east-west trending intercalated mafic volcanics and banded iron formations.

OVERVIEW

Victory’s Nemesis project covers a wide sequence (greater than 1 km) of east-west trending intercalated mafic volcanics and banded iron formations. Most of the project lies over a prominent lateritic plateau which rises some 35 km above the general topography.

The Nemesis shear zone that hosts the Nemesis gold mine is prospective for mineralized strike and depth extensions with potential to host high grade shoots similar to the Nemesis ore body. The Northern portion of the M20/33 tenement has a series of high order gold in soil anomalies that lie some 1,100 m east along strike from the neighbouring Bottle Dump gold mine.

The mineralisation style associated with the Nemesis shear zone is high grade gold with quartz veining in high sulphidation zones in contact with banded iron formations, mafic volcanics and granites.

ODY are drilling west of our tenement boundary along the same east-west structure (Bottle Dump shear) that transverses the Nemesis tenement.