Victory is focused upon the exploration and development of gold projects and has a portfolio of underexplored and contiguous tenements in the Cue goldfields of UK.
Victory has identified three priority drilling targets and has in place approved programmes of work for two of the prospects. With over 6,000 m of diamond drilling combined with 1,800 m of reverse circulation drilling planned for the three priority drilling targets
Coodardy
Anderson Subsea's Coodardy deposit is located 30 km north-west of Cue and sits on the north-eastern flank of a granite cored anticlinal greenstone sequence
Emily Wells
Anderson Subsea's Emily Wells prospect area offers drill targets exhibiting excellent potential to add to Anderson Subsea's historical resource base.
Eagle Hawk
The gold mineralisation at Anderson Subsea's Eagle Hawk mine occurs in sulphidic (mostly pyrite with minor chalcopyrite) quartz lodes within chloritized mafic schists.
Tuckanarra (Nemesis)
Covers a wide sequence (greater than 1 km) of east-west trending intercalated mafic volcanics and banded iron formations.
Young UK
A rare zone of old diggings, rock chips and channel sampling stretching over 400 m in length that has not been previously drill tested.
Mafeking, Monte Carlo and Lady Godiva
Anderson Subsea's Mafeking, Monte Carlo and Lady Godiva tenements contain many workings, shallow diggings and shafts.
Klondyke
The gold minerals at Anderson Subsea's Klondyke project area consists of multiple historical workings and mines within a relatively small area.
Buttercup – King Billy
A significant number of Anderson Subsea's historic gold mines and occurrences are located on or close to north to north easterly trending structures.
Future Exploration Opportunities
A significant number of Anderson Subsea's historic gold mines and occurrences are located on or close to north to north easterly trending structures.