PSL 36.4% 1.5¢ paterson resources ltd

Ann: Exploration Update, page-378

  1. 3,013 Posts.
    lightbulb Created with Sketch. 8015

    Adding some more detail to your post - not easy to get it totally correct but hopefully reasonable.

    The collar location of the EIS hole is shown in this image. The star is probably 100m across at this scale so the exact collar is problematic - assuming it is near the middle gives this spot that can be scaled from the UTM grid and cross referenced to claim boundaries plus interpreted holes.

    https://hotcopper.com.au/data/attachments/3522/3522268-b4ea9875325feadb8e72ce826a550996.jpg

    Putting it onto Google Earth with a +-50m level of accuracy shows it plots between two of the sections in my previous post:
    128000 and 129000. The location is some 50m east of 128000; and 110m west of 129000. This means there are some projection issues with both sections. Probably not major for some elements such as the Bemm/Grace shear but would be if there are local complexities.

    https://hotcopper.com.au/data/attachments/3522/3522275-faa3461970ce61eeac2dc1d36cce2651.jpg

    128000 Section
    https://hotcopper.com.au/data/attachments/3522/3522428-c2d81ad0362c42ca0c8785e2acc34f0b.jpg
    Section 129000
    https://hotcopper.com.au/data/attachments/3522/3522429-a3a1f855d6ec900632a76cc16c301655.jpg

    The EIS hole targets a deep seated magnetic model. The first 500m also test down dip/up dip extensions of previous intersections plus the contact zone of the magnetic body.

    A 1988 diamond hole, along strike to the west, was reported thus in open file A024465:

    https://hotcopper.com.au/data/attachments/3522/3522432-53661a2007937c68c6737502836fb396.jpg

    Previous drilling seems to have done a great job of avoiding the interpreted 3D modeled mag. Coincidence or just targeting other anomalies?
    https://hotcopper.com.au/data/attachments/3522/3522439-a7c5d6f5898e4a8d77a6ce06dc258622.jpg


    https://hotcopper.com.au/data/attachments/3522/3522452-cc0423b34d0b293b0a22139635b1a6ba.jpg

    If the EIS hole hits some decent grades then re-entering and extending GC403 (not 003) could be considered. Not likely after some 30 years but if the collar is preserved may be?

    There are large mafic intrusives elsewhere in the Paterson (Magnum readily comes to mind as one with cross cutting veining and Au/Cu mineralisation). IMO the presence of a coarse mafic on strike in GPC001 hints at a possibility for the lithology in the modelled targets.

    Better news in my other post.

    There is movement at the station as the news has got around - Banjo with apologies

 
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