En
The Globmine Resources licence area is administratively located within the East Kazakhstan and Almaty regions. The city of Balkhash is 270 km away.
The project area covers 355 km² (expanded from the original 80 km²) and lies within major geosynclinal structures to the north and north-east of Lake Balkhash — a region hosting at least 12 known large gold-copper deposits with combined resources exceeding 3 million ounces of gold.
Within the project area, the volcanogenic-sedimentary sequence is intruded by the Besoba granite massif, accompanied by dykes of diorite porphyrite and fine-grained granite.
This geological setting is highly favourable for the formation of structurally controlled gold mineralisation associated with granite intrusions.
Key geological indicators supporting the project’s prospectivity:
Six prospects have been identified within the project area (355 km²).
Two prospects have Soviet-era preliminary P2 resource estimates; one has P3 inferred resources. A further two prospects have established gold mineralisation, while one prospect has active artisanal mining confirming near-surface gold.
Historical exploration data is based on work conducted in 1986–1987. The primary objective of the proposed investment programme is to confirm and re-estimate resources in accordance with international JORC / NI 43-101 standards.
| Prospect | Mineralisation type | Trenches (Au up to) | Drill holes (Au up to) | Resources |
|---|---|---|---|---|
| El Dorado | Quartz stockwork | Up to 16.6 g/t | Up to 2.4 g/t | ~296 koz Au @ 6.9 g/t (P2) |
| Blackbeard | Quartz vein and quartz-adularia vein | – | – | ~457 koz Au (P3) |
| Port Royal | Lode / alluvial gold | Artisanal mining | – | Near-term production potential |
| Diplomático | Granite-porphyry dykes | Up to 1.0 g/t | Up to 2.6 g/t | No data |
| Foursquare | Quartz veins and veinlets / diorite porphyrite dykes | Up to 0.4 g/t | Up to 1.4 g/t | No data |
