Victor Smorgon-backed explorer to hunt in Victoria's Golden Triangle 

THE resurgence of Victoria’s Golden Triangle was underway long before the current gold rally, thanks to the discovery of high-grade gold at Kirkland Lake Gold’s Fosterville mine near Bendigo in 2015, and now the owners of the resurrected Stawell mine are seeking to raise A$20 million to fund exploration under cover, looking for repeats of the five million ounce Magdala mine.

Victor Smorgon-backed explorer to hunt in Victoria's Golden Triangle  Victor Smorgon-backed explorer to hunt in Victoria's Golden Triangle  Victor Smorgon-backed explorer to hunt in Victoria's Golden Triangle  Victor Smorgon-backed explorer to hunt in Victoria's Golden Triangle  Victor Smorgon-backed explorer to hunt in Victoria's Golden Triangle 

Stawell has hosted mining since the 1800s.

North Stawell Minerals is planning to issue up to 40 million shares at 50c each to test 51km of northerly strike extension of the Stawell corridor, using Stawell Gold Mine's Magdala orebody as an