Silver Stone Resources Limited (SSZ) has a 100% interest in the Cheriton's East Project. The Cheriton's East Project covers a total area of 58.3km2 and overlies the southern strike extension of the Redwing gold mineralisation. The Cheriton's Project is located 48km south-east of Marvel Loch in the Eastern Goldfields of Western Australia.
The Project area is situated in the Southern Cross Province in the south-west corner of the Archaean Yilgarn Craton. It lies within the north-northwest trending Southern Cross Greenstone Belt which extends along strike for 300km from Mt Jackson in the north, to Hatters Hill in the south.
The Project is considered to have the potential to host major low to medium grade gold mineralisation, subject to deeper drilling. There is also potential for the identification of sulphide nickel mineralisation towards the western side of the lease.
In addition to its 100% interest in the Cheriton's East Project, the Company intends to pursue new projects in the resources sector, both in Australia and overseas, by way of acquisition or investment.