BLR 0.00% 0.2¢ black range minerals limited

afternoon read, page-2

  1. 530 Posts.
    Indeed note :

    Grasmere Copper and Gold
    Mineralisation
    High-grade secondary copper minerals
    were mined at Grasmere during the late
    1800s to early 1900s. Primary Cu, Zn
    and precious metal mineralisation
    occurs along a line of quartz and
    magnetite lode with some 4 km of
    outcropping strike length. Drilling
    results indicate a continuous, steeply
    dipping, primary massive sulphide lode.
    The lode dominantly consists of
    pyrite with lesser chalcopyrite and
    sphalerite, occurring down dip from
    siliceous and ferruginous gossans with
    secondary copper minerals. Better drill
    results include: 6.10 m @ 2.73% Cu;
    0.64% Zn; 6.0g/t Ag and 0.21 g/t Au and
    8.50m @ 2.95% Cu; 0.71% Zn; 6.8 g/t
    Ag and 0.02 g/t Au. Typical results with
    estimated true width sulphide
    intersections are: 1.6 m @ 3.54% Cu
    and 3.3g/t Au (61.4-63 m), and 3.6 m
    @ 3.78% Cu, 1.12% Zn and 0.16g/t Au.
    Although limited exploration has
    been conducted along the 4 km strike
    length of exposed Grasmere lode, most
    drilling undertaken by previous
    explorers has concentrated on a 400 m
    longitudinal section of the lode. The
    recent mapping project has identified a
    prospective horizon extending beyond
    the exposed lode to the northwest and
    southeast, greatly enhancing the
    prospectivity of the area. At map scale
    outcrops of the gossan appear to
    transgress the mapped local stratigraphy
    of interlayered tuff, quartz magnetite
    rock and magnetite, epidote and pyrite
    altered basalt of the Grasmere beds. In
    drill core the lodes are finely banded,
    suggestive of syngenetic origin. The
    lodes may therefore be simply
    transposed and upgraded by later
    en echelon fault movement. Fault
    movement is evident at the sharp,
    sheared sulphide lode margins and at
    outcrop and map scales.
    Further Exploration Potential
    Other notable prospective areas are a
    group of pits and shafts sunk into copper
    and gold-bearing fault breccias at
    Rawlins Tank and pits and alluvial
    workings where Prospectors Creek
    crosses the Koonenberry Fault. Other,
    possibly prospective areas include a
    three metre deep shaft with a drive of
    indeterminable length developed within
    the basal conglomerate member of the
    Pevril Peak outcrops of the Devonian
    Snake Cave Sandstone. A grab sample
    of mullock returned anomalous values
    of 0.044 ppm Au and 13.0 ppm U.
    Dilational zones adjacent to the
    Koonenberry Fault are also a valid
    target for lode gold deposits and
    possible Cobar-style structural traps.
    A grab sample taken from an
    unprospected gossanous quartz vein
    returned an assay of 0.33 g/t Au,
    1.5 ppm Te and 118 ppm Co. Also
    previously undocumented are numerous
    shafts developed within quartz and
    epidote altered basalt of the Paddys
    Creek beds.
    Within the Mount Daubeny Basin
    (see page 21), Late Silurian-Early
    Devonian red-bed dominated sediments
    and contemporaneous volcanism occur.
    The development of volcanism in a
    rapidly subsiding basin occurs in
    response to high heat flows in stretched
    and attenuated basement rocks and
    provides the ideal mechanism for the
    development of intrusive related
    mineralisation. Within or immediately
    adjacent to the Mount Daubeny
    Formation on the adjoining Kayrunnera
    1:100 000 sheet lie the Nuntherangie
    Silver field (Pb, Ag), Wertago Copper
    field (Cu +/- Au) and Great Wertago
    Mines (Cu). Epithermal gold and
    porphyry copper systems are possible
    in such an environment.
    This article is based on a paper presented
    by Peter Buckley at the 2000 BHEI
    Conference, with an abstract published in
    AGSO Record 2000/10.
    For further information contact Peter
    Buckley on (08) 8080 0632,
    fax (08) 8087 8005 or e-mail:
    [email protected]
 
watchlist Created with Sketch. Add BLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.