Incorporated on 20 August 2010 Invictus Gold Limited has been established to explore primarily for deposits of gold, gold-silver, gold-copper and gold-copper-molybdenum.

In pursuit of this aim the company has entered into a share purchase agreement (Impact Share Purchase Agreement) with Impact Minerals Limited (ASX:IPT) to become the holder of tenements and tenement applications covering 5,800 sq km in the east central and southern areas of Queensland. This ground is very prospective for World Class deposits of gold, gold-silver, gold-copper and gold-copper-molybdenum associated with porphyry intrusive centers. There is also excellent potential in many areas for bulk-mineable multi-vein and stockwork deposits of gold (silver-copper), and for disseminated bulk-tonnage deposits of the speciality metals, especially molybdenum and tin. Details on the geology of these areas can be found under the projects page of this website.

Invictus also intends to build the business with a vigorous campaign of project evaluation and project generation for potential acquisitions and farm-ins, both in Australia and overseas.

Invictus has a Board that includes three globally experienced geologists with an established track record in the discovery of significant gold deposits in Australia and Africa and about 80 years combined industry experience and knowledge with major and international resource companies. The Company's Chairman, Mr Peter Unsworth, has extensive experience in the mining, finance and other sectors of Australian business.

Investment Highlights

DRUMMOND WEST and DRUMMOND EAST PROJECTS:

• Five previously unrecognised Porphyry Intrusive Centres are proposed for drilling that are similar to those that host significant deposits in the Lachlan Fold Belt of New South Wales e.g. Cadia Hill with production and reserves of 23 Moz gold plus 4 Mt copper, and the nearby Mount Leyshon Mine (>3 Moz gold);
• A new previously undrilled prospect called Scartwater has been identified from rock chip sampling and regional soil sampling by Invictus Gold. Indications suggest the prospect has lithological, geochemical and geophysical properties of an intrusive porphyry body. An area of sporadic and altered grantic outcrop contains porphyritic quartz, sericite, mica and opaques (possibly weathered sulphides) surrounded by a poorly outcropping sequence of Anakie Metamorphics (silts and shales).  Surface rock chip assays up to 1 oz gold per tonne have been received and soil sample traverses across the porphyry are anomalous in gold. Radiometric images are anomalous in potassium and thorium over the prospect.
• At least 20 other targets have been identified and to be worked up to define drill targets.

CLERMONT PROJECT

• Early drilling is proposed at three targets prospective for major deposits of bonanza grade gold in robust high-level epithermal veins and stockworks such as the Pajingo Mining Centre (>4 Moz gold) in the northern Drummond Basin. Previous drill results at these three prospects include:
  • at the Retro prospect intersects ranging from 2 m at 1.1 g/t to 2 m at 13.7 g/t gold;
  • at the Retro Extended prospect, intersects ranging from 12 m at 1.2 g/t to 16 m at 8.5 g/t gold; and
  • at the Ayers Rock prospect, intersects of 22 m at 1.1 g/t, 32 m at 3.8 g/t, 22 m at 1.7 g/t from 20 m and 6 m at 5.1 g/t.
• Geological mapping by Invictus has extended the Retro vein a further 800 m south of the Retro Extended Prospect. This extension of the vein has not been drilled.
• A further 10 targets have also been identified for further work.

KILLARNEY PROJECT

• Eleven Porphyry Intrusive Centres have been identified for follow up work, some with significant previous drill intercepts, including 10 m at 1 g/t gold and 48 m at 0.2 g/t gold, and other indicators of very large mineralizing systems;
• The project is particularly prospective for bulk-mineable deposits of gold-silver-copper such as the recently discovered Silver Hills deposit (>2 Moz gold) near the Company's projects.

MOLY KING PROJECT

• Widespread and numerous gold, tin and molybdenum occurrences, including a previous drill intercept of 28 m at 500 ppm molybdenum, have not been followed up. The area is prospective for gold (with tin and molybdenum) in multi-vein stockworks and disseminations associated with granites, similar to the Pogo and Fort Knox deposits (each >5 Moz gold) in Alaska.