Regional Exploration – Thailand
Regional exploration for the past year concentrated in all tenements
covering an area of 1,253 square kilometres (km²) around the Chatree
mine. Beside the discovery of signifi cant gold mineralisation in two
new gold districts (Chokdee and Suwan) last year, at least 15 drill
ready targets have been identifi ed in the Chatree region. A total of 56
prospects have now been identifi ed in the region.
Exploration activity included 201 line-km three-dimensional induced
polarisation surveys, 3,212 line-km ground magnetic surveys,
1,146 holes for air-core drilling with 16,023 m, 59 RC holes with
8,200 m, 14 diamond holes with 1,954.8 m, 1,346 rock samples and
1,005 soil samples.
Most of drill ready targets are classifi ed as low sulphidation epithermal
system – similar in style to Chatree. Other targets include replacement
and Cu porphyry together with some skarn mineralisation.
A review of our current SPL’s was also completed during this year. These
SPL’s were up for renewal in August 2011 and recommendations for
renewal or relinquishment have been made.
The Thai geological team reviewed numerous projects outside the
Chatree area within South East Asia and South America as part of an
ongoing project-focused search for “brownfi eld” and advanced projects.
These in-house studies have assisted the Company in taking strategic
positions in various geologic and political environments. |
