NZ Gold Project
The Company owns 100% of the New Zealand Gold Project which comprises of an Exploration Permit Owharoa EP54216 covering an area of 58km2, which is the amalgamation of the 2 previously held tenures, within the highly prospective Hauraki Goldfield. The project is located 110km south west of Auckland, near the township of Waihi on New Zealand’s north island. The Hauraki Goldfield has produced over 65Moz of Au-Ag bullion from over 50 epithermal style deposits.
The Project surround Heritage Gold’s New Talisman mining and exploration permits and abuts Oceana Gold’s Mine (Waihi) in the north east. The Permits are accessible via sealed roads, private tracks, public dirt roads and forestry tracks which give good access throughout the permit. Newcrest Mining has recently withdrawn from the farm-in agreement after spending over NZD$5million over the past 2 years.
Laneway are proceeding with exploration targeting a series of previously mined zones of mineralisation not drilled during the farm-in period.