Gratlspitz

 

The Gratlspitz Project is located in the District of Kufstein in the Federal State of Tyrol. The project lies immediately to the east of Brixlegg (population ~3,000, altitude 530 m), in the Lower Inn Valley, the Inn River forming a tributary of the Danube.

The Exploration Permit is composed of 132 overlapping Freischürfe, covering a total area of approximately 53 km2 (Figure 1).

 

                                                Figure 1. Topography of the Gratlspitz Project showing the location of the 132 overlapping freischürfe comprising this Project’s Exploration Permit.

 

The Schwaz-Brixlegg Mining District, is a renowned mining region and one of the richest silver producing centres during Medieval times.

The region is also a significant producer of copper and cobalt, won as an accessory mineral to historical silver and copper mining. Between 1420 and 1827, it has been estimated that some 190,000 tons of Cu and 2,600 tons of Ag were mined in this area. Cobalt occurrences are located at “Silberberg” (2 km south-southeast of Brixlegg), “Geyer “, which lies close to Zimmermoos, 2 km – 6 km southeast of Brixlegg, and on the flanks of Gratlspitz Mountain at elevations between ca. 900 m and 1800 m.

Mineral grades of up to 1.38% Co and 0.98% Ni have been noted. Reliable reports of ore grades mined in 1922 are Ag 140 g/t and Cu 2.17%. This project is not the primary focus of the Company’s immediate exploration program, but will be systematically explored over the next 5 years.

This project is not the primary focus of the Company’s immediate exploration program, but will be systematically explored over the next 5 years.

 High Grade Metals Ltd

Level 17, 500 Collins Street
Melbourne, VIC, 3000

T: +61 3 9614 6000

E: info@highgrademetals.com.au

ACN: 062 879 583



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