The Asia Miner

JUL-SEP 2018

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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Page 17 of 55

the asia miner • volume 15 • issue 3 16 FEATURE: All that glitters is gold The project is considered prospecঞve for a range of gold, nickel, cobalt and base metal deposits. Past exploraঞon has highlighted the potenঞal for shear hosted lode gold mineralisaঞon with a number of advanced targets within the project including DOMs Hill and the North-East Zone. Within E45/4722 tenement and approximately 500m to the north east of the DOM's Hill Gold Prospect is the Singer Prospect. Great Sandy has located gold mineralisaঞon in proximity to an interpreted north-east trending fault zone within a chert, mafic and ultramafic sequence. Great Sandy and prospectors have located up to 300ozs of gold nuggets in this zone. No historic drilling has adequately tested this prospect. Assessment of this, and other areas known to shed significant gold nuggets, will be the focus of future exploraঞon. At the NorthEast Zone Prospect, located 4.5km east of the Doms Hill Prospect, gold mineralisaঞon is associated with a north-east trending shear zone within a mafic and ultramafic sequence. The DOM's Hill Gold Project contains an array of exploraঞon targets ranging from advanced prospects with significant gold grade intersecঞons through to grass roots conceptual targets. The Sisters Gold Project (80% interest in non-lithium rights E47/2983) The Sisters Gold Project lies within a larger area currently undergoing significant gold exploraঞon by Novo Resources and De Grey Mining, DGO Gold, Coziron Resources, Arrow Minerals, Venturex Resources and others. The Project contains the north-east trending Mt Wohler Shear, a major splay from the gold mineralised Mallina Shear to the north. There is no reported systemaঞc exploraঞon along this prospecঞve shear. The Project is underlain by folded and faulted siliciclasঞcs, volcanoclasঞcs and mafic sills of the Mallina Basin, which is part of the De Grey Supergroup (3020 to 2930Ma). Following the re-sampling of soil samples iniঞally collected by Sayona Mining for lithium exploraঞon, Kalamazoo announced a gold-in-soil anomaly defined over 3km along the Wohler Shear Zone corridor and open to the north-east and south-west. This highly encouraging development resulted in Kalamazoo immediately undertaking a follow up dedicated program to determine the opঞmum soil fracঞon for detecঞng an expanded gold anomalism. The Sisters Gold Project is partly underlain by Mallina Formaঞon sediments, host to recent nugget discoveries by Arrow Minerals in the immediately adjacent E47/3476. Marble Bar Gold Project (100% interest in non-lithium mineral rights over EL45/4724) The tenement straddles the western intrusive contact of the Archaean Mt Edgar Batholith and the adjacent basalts, amphibolites and ultramafic units of the Warrawoona Formaঞon. Major northerly trending arcuate regional structures traverse the project. There is now strong recogniঞon by the exploraঞon community that the Warrawoona greenstone belt in the Marble Bar area has the potenঞal to host significant gold resources. Kalamazoo's review of the data for the Marble Bar tenement indicates it contains a sheared meridional greenstone belt which apparently has never been explored for gold despite the large number of small gold leases throughout the larger area. "We now have the opportunity to cost effecঞvely add modern exploraঞon techniques through our upcoming work programs. This will enhance our understanding of the structural controls of mineralisaঞon that are criঞcal to drill targeঞng and unlocking the true potenঞal of this style of deposit," said Mr Benjamin. Locaons of Sisters, DOMs Hill, Marble Bar Gold and Yule Project Tenements Tenement locaon of Wale Gully (granted) and Wale Gully South (applicaon)

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