The Cumberland property comprises four granted exploration permits covering 25,024ha, 70 km northwest of the former 5 million-ounce Kidston gold mine. The property has the potential to host high-grade epithermal gold-silver mineralization. Essex has the option to earn and acquire up to 80% of this property.
The property contains six prospects which show characteristics of poly-metallic, low sulfidation, epithermal mineralization. From within these prospects, the initial six-hole diamond drilling program commenced on the RBZ Structural Zone, a major 3.5km northwest trending structural corridor dislocated by conjugate northeast structures which have created a number of dilation centres. The dilation centres have been intruded by a series of Permo-Carboniferous, poly-phase intrusives culminating in late stage altered rhyolites. The centres have then been overprinted with surface mineralization consisting of hydrothermal breccias associated with multi-phase quartz-adularia silver and gold mineralization.
