Kreuzeck West

Project overview

Kreuzeck West is part of the priority Kreuzeck-Goldeck gold-antimony corridor and covers 32km² across 70 exploration licences.

The project contains four principal historically mineralised target areas or styles: historical stibnite production at Rabant; mixed gold-antimony mineralisation at Gurskerkammer; gold-arsenopyrite quartz-sulphide veins at Fundkofel; and a stratabound to semi-stratabound sulphide belt at Strieden-Knappenstube. The prospectus describes Kreuzeck West as the portfolio’s strongest gold-antimony overlap opportunity.

Location and access

Kreuzeck West is in the western part of the Kreuzeck-Goldeck mining district in the Eastern Alps, immediately north of the Upper Drau Valley and close to the Carinthia-East Tyrol administrative boundary. Historical workings occur around Nikolsdorf, Oberdrauburg, Zwickenberg and Irschen on the southern flank of the Kreuzeck Mountains. The project extends for approximately 9 km from west to east within the broader corridor.

The Drau Valley provides the main regional transport corridor, with local settlements supplying accommodation, basic services and access to forestry roads and alpine tracks. Most historical workings lie on steep, wooded slopes above the valley. Site access is subject to forestry road conditions, seasonal conditions, landowner consent and historical mine-safety constraints.

Geological setting and target areas

The exploration model is based on the relationship between graphitic schists, metabasite intercalations, quartzitic mica schists and long-lived shear zones.

– Rabant: the western, antimony-dominant target area. Historical records identify workings including Hermann Stollen, Johanni-Grube, Mariengrube and Edengang. Historical production figures are unverified and are used only as context and target-generation information.
– Gurskerkammer: the central gold-antimony target area. Historical descriptions place the workings in a graphitic and metabasitic corridor associated with a major shear zone.
– Fundkofel: the principal gold-arsenopyrite vein target. Historical geology records discordant quartz-sulphide veins and workings including the Funder, May and Maffei galleries.
– Strieden-Knappenstube: an eastern sulphide target area. Historical descriptions refer to stratabound to semi-stratabound sulphide mineralisation, and legacy self-potential and soil-geochemistry work provides target-generation data.

Exploration status and proposed work

Modern work has mainly comprised data compilation, site visits, limited surface sampling and review of historical information. The proposed program is staged and decision-gated. It begins with data validation, access review, georeferencing of historical workings, geological mapping and geochemical sampling. Geophysics and scout drilling would follow where earlier work establishes coherent targets and access and permitting requirements can be met.

Project status notice

Kreuzeck West is an early-stage exploration project. Historical estimates, production statements and reported grades have not been independently verified for current reporting and are used as exploration and target-generation information only.

Contact

Tel: +61 8 9486 4036

Email: info@europametals.com

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Europa Metals has not declared a current Mineral Resource or Ore Reserve for the project discussed here. Historical information is not reported in accordance with the JORC Code and has not been independently verified to the standard required for a modern resource statement. Exploration success, metallurgical recovery, environmental acceptability, title, permitting, financing, project development and commercial sales are uncertain. References to EU or Austrian critical-raw-material policy do not imply Strategic Project status, funding, approval or endorsement.

Scope: EU-27 unless stated otherwise. Legal status and project status at 28 July 2024.