Eureka

THE EUREKA MINE PROJECT

Eureka Mine site has was mined for the most part in the early 1990’s and then subject to tribute mining in 2018. Limited exploration has been carried out since the 1990’s with drilling located close to existing pit with the objective of following the existing mineralisation down dip.

Red Dirt Metals through its subsidiary Warriedar Mining Pty Ltd directly controls 5 tenements within the Eureka project. Mining licences M24/189, M24/585, M24/586, M24/585 and 1 prospecting licence P25/5116. The tenements are located 51.5km North of Kalgoorlie at the existing Eureka mine site.

Eureka Mine site has was mined for the most part in the early 1990’s and then subject to tribute mining in 2018.

Eureka Geology and Mineralisation

The Eureka gold project is located within a sequence of mafic and ultramafic rocks forming part of the Kalgoorlie-Menzies sector of the Norseman to Wiluna Greenstone belt. The sequence is approximately 6 kilometres wide with a northerly trend. In the vicinity of the Eureka mine the sequence generally has an easterly dip of between 65 to 70 degrees paralleled by regional foliation and metamorphism.

Mineralisation is hosted with a sheared/faulted mafic package dipping to the East at approximately 70 degrees, mineralisation is associated with numerous quartz veins with and associated proximal alteration, base of oxidation extends down to approximately 120m at the Eureka mine area mineralisation is up to 30m in thickness.

Eureka Resource

Resource Update

Red Dirt Metals (ASX:RDT) (“Red Dirt Metals” or the “Company”) is pleased to provide an independent JORC 2012 resource update for its 100% owned Eureka project.

RES CATLOWER CUT-OFFTONNES (T)GRADE GOLD (G/T AU)CONTAINED METAL (OZ AU)
Indicated0.31,437,0001.465,000
0.51,269,0001.5362,000
0.8983,0001.7956,000
1811,0001.9852,000
Inferred0.31,341,0001.252,000
0.51,183,0001.350,000
0.8887,0001.5243,000
1666,0001.7237,000
ALL Resources0.32,778,0001.3116,000
0.52,452,0001.42112,000
0.81,870,0001.66100,000
11,477,0001.8688,000
Independent JORC 2012 Inferred resource estimate at selected lower cut-off grades at the Eureka Gold Project

Please refer to release dated 24th June 2021 “Red Dirt Metals drilling increases Eureka Resource to 112,000oz gold” for further information.