
Key results from this significant gold geochemical anomaly in the South West Yilgarn district are:
1. Geochemical sampling has outlined a strong NW-SE trending gold anomaly 33 kilometres long and up to 5.0 kilometres wide. A series of parallel gold anomalies have also been defined.
2. Interface drilling has defined a continuous bedrock gold anomaly, up to 1 kilometre wide, on every section drilled (maximum section spacing 800 metres, minimum spacing100 metres) over a 12.5 kilometre strike length of this geochemical anomaly). At +50 ppb gold the bedrock anomaly forms a series of continuous zones up to 400 metres wide. The highest values (including 2 metres @ 1.89 g/t gold and 6 metres @ 1.12 g/t gold) are outlined in a central 3 kilometre long zone characterised by multiple anomalous zones.
3. Limited RC drilling has tested fresh bedrock to depths of lessthan 100 metres. This drilling intersected extensive low grade gold mineralisation (including 18 metres @ 1.11 g/t gold and 2 metres @ 3.78 g/t gold) associated with sulphide (locally massive to semi-massive) and magnetite alteration hosted in a flat dipping sequence of mixed ultramafic, mafic and felsic lithologies.
This project is still considered to be a major exploration opportunity. The understanding of the setting and style of gold mineralisation in the district has advanced since the initial evaluation drilling was carried out. There is also new detailed airborne magnetic and radiometric data to facilitate geological modelling, as well as potential to apply electrical geophysical methods to target further drilling. |