OAU 0.00% 0.6¢ ora gold limited

Nth West Gossan area (inc. Tepes and all targets), page-10

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    They were tested but never explored properly...

    Induced polarisation (IP) geophysical surveying in 2010 over the Red Bore project has defined three areas of anomalous chargeability considered prospective for copper-gold sulphide mineralisation. At one of the IP anomalies, the Red Bore prospect, Thundelarra’s drilling has confirmed the chargeable source of the IP anomaly to be chalcopyrite dominated sulphide mineralisation.
    Thundelarra’s 2010 drilling at the IP1 and IP2 anomalies identified broad copper anomalism, for example, 72m @ 334ppm copper from 92m in hole TRBC048. The drillhole results however do not appear to explain the intense IP anomalism recorded. Drillhole TRBC050 was completed in February to further test the IP1 chargeable anomaly, located north of the Red Bore prospect.
    Assay results for TRBC049 (which were received this quarter) and TRBC050 are shown in the table following.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0             Copper
    1 TRBC049 360°/-60° 736010 7172820 168-212m 44m 412ppm
    2 TRBC050 090°/-60° 735950 7172925 12-77m 65m 277ppm
    3   and 100-124m 24m 252ppm
    4   and 140-228m 88m 374ppm
    Note: Datum is MGA94 Zone 50
    Geochemically anomalous zone calculated using a 200ppm copper lower cut, and maximum 1m internal dilution. Copper assay by special mixed acid digest (SMAD) and ICP-OES/MS.
    TRBC050 returned broad intercepts of anomalous copper within mafic volcaniclastic, with 216 metre @ 264ppm copper from 12 metre depth (including lower grade internal intervals).
 
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