Kambalda Nickel/Gold
Lake Lefroy - E15/905 (Nickel)
The Kambalda region is prospective for both orogenic gold and massive Ni sulphide mineralisation and has a history of extensive production from mines such as the Long (200,000t Ni) and Beta-Hunt (nickel) (35,000t Ni) (Neumayr et al., 2004).
The project area is located over part of the Aztec Dome which exhibits a similar regional magnetic image to that of the Kambalda Dome. The aim of this work is to test for the presence of conductive nickel sulphide mineralisation associated with ultramafics units around the dome.
Regional magnetics at the Lake Lefroy and Hogans Prospects
A SQUID MLTEM ground geophysical survey commenced in December and is due for completion in early January 08. The progress at the end of the quarter has successfully resulted in a partially defined, strong bedrock conductor. Full data analysis will be done on completion of the survey.
Hogan's Project (Gold)
The Hogan's Project is within 2 tenements (E26/106 and E 26/104) located approximately 20 km east of Kambalda and 5km south of the known gold discoveries of Hogan's Find. One of the Company's tenements in the area covers an extensively altered and deformed ultramafic unit adjacent to a major regional fault system. Both tenements are located along strike from known areas of gold mineralisation and the Company believes there is potential for the discovery of structurally controlled gold mineralisation within late brittle faults within the silicified ultramafics along the regional scale thrust.
