SCRUB PADDOCK

Targeting the next large gold-copper porphyry

  • Targeting Au-Cu porphyry system
  • Potentially analogous to geological setting of Cadia – similarities include:
    • Multiple intrusive phases, numerous dykes, volcanic host rock
    • Sulphides (pyrite and chalcopyrite), dissemination
    • Propylitic (carbonate, chlorite) and potassic alteration incl. skarn
    • Scale of magnetic feature (>5km)
  • 20 historical alluvial/hard-rock mine workings which extracted chalcopyrite and Au associated with quartz veins
  • Shallow historical drilling – high-grade Au within lower-grade zones
  • Previously identified ~300m deep IP chargeability anomaly – undrilled, coincident with 1VD magnetic high and surface geochemistry
  • Native Title agreements in place; cultural heritage survey completed for first drill program

Targeting the next Cadia/Ridgeway

  • Targeting Au-Cu porphyry system
  • Potentially analogous to geological setting of Cadia – similarities include:
    • Multiple intrusive phases, numerous dykes, volcanic host rock
    • Sulphides (pyrite and chalcopyrite), dissemination
    • Propylitic (carbonate, chlorite) and potassic alteration incl. skarn
    • Scale of magnetic feature (>5km)
  • 20 historical alluvial/hard-rock mine workings which extracted chalcopyrite and Au associated with quartz veins
  • Shallow historical drilling – high-grade Au within lower-grade zones
  • Previously identified ~300m deep IP chargeability anomaly – undrilled, coincident with 1VD magnetic high and surface geochemistry
  • Cultural heritage survey completed
  • Native Title agreements in place; cultural heritage survey nearing signoff
Historical observations including soil sampling, magnetic surveys, rock chip and drill core analysis suggest potential gold/copper porphyry system