• The Maricunga Belt, Atacama region in Chile contains resources in excess of 90 M OZ GOLD, 450 M ounces of silver, and 6.6 M tonnes of copper.
• WE HAVE 18,000ha (100% owned) proximate to multiple Gold-Copper porphyry and associated large epithermal Gold-Silver epithermal deposits.
• Intersects 2 large belts, property is along the Maricunga Belt, 70 M OZ AU.
• ALL OFFERS PRESENTED

• Several mineral estimates, all >350,000oz Au with grades averaging approx. 2g/t Au. Ultramafic units remain largely unexplored for nickel copper sulphides
• Located in one of the most prospective gold belts in Australia, containing the Red October, Sunrise-Cleo, Keringal, and Granny Smith mines.
• Proximate to operating mills in the area.
• High possibility of discovering additional resources within the project area.

• Situated between two very large gold camps, Leonora and Laverton, which have combined endowment of 35 million oz Au
• Ground between the two camps has lacked modern exploration due to being tied up with Laterite Nickel explorers
• Metal detector discoveries (nugget trails) have been combined with other geological data to establish new exploration targets.
• Drilling is mostly absent from the target areas

• Farm-In opportunity in under-explored region of the Mt Isa block.
• Historical drilling in the district has located IOCG mineralisation, magmatic Ni-Cu sulphide mineralisation and skarnstyle mineralisation. Prospects are only lightly tested.
• Contains prospect with discovery hole intersections of 17m at 6.75 g/t Au from 631m and 15m at 9.09 g/t Au from 701m
• One target contains affinities to Voisey Bay style mineralisation: (10.4m at 0.25% Ni and 0.28% Cu from 508m)

• Rock chips & soils to 3,320ppb & 3,186ppb Au
• Drill ready targets
• Coherent gold in soil over 2.9km
• Granted Mininng tenement

• 470,000 oz Au historical production
• >550,000 oz Au resource
• Good access from Highway

• Grab Samples to 18.4g/t Au; bulk samples to 7.2g/t Au
• Mineralisation from surface;No modern Exploration
• Historic Very High Mine Grades
• Geochem anomalies to be followed-up

• 4m 41.88g/t, 6m at 19.21g/t, 4m at 18.21g/t, 2.15m
• +65k oz Au in Resource
• Brownfields and Greenfields targets remain untested

• Prospective gold belt, but lttle work for 15 yrs
• Proximal to operating mine and other deposits
• 100% ownership

• JORC & CIM Resource of 770,000 ounces Au.
• Several other targets yet to be systematically explored

• Bedrock conductors identified associated with mineralised linear magnetic units which outcrop as mafic-granulite and quartz-magnetite (metamophosed BIF).
• Outcropping mafic-granulite-amphibolite rocks associated with extensive linear magnetic anomalies terminating at a circular, 1.2km diameter magnetic high anomaly - possible mafic intrusion.
• Anomalous Au, arsenic and reports of gold having been mined in a reef up to 7m thick and 14 g/t Au, pre 1900s, within a Tropicana style setting.
• New discovery of a Fe rich metamorphosed BIF - Southdown type. 48% Fe average for 5 samples taken across extensive width - strike extent unknown.

Added 01/08/2014, viewed 351 times.