Yep, no shortage of choice mate, GOLD/LITHIUM/COPPER/HALLOYSITE and you may even add SILVER at 124g/t and Zinc at 1.35%.
Drilling done by BHP pre 1935.
Personally I'm happy with two projects free carried(Lithium and Copper). Better we concentrate on GOLD first n Halloysite second because we are sitting on a shit load of gold.
Mineralisation
Gold mineralisation at the Yarrara Reefs mines is predominantly hosted within
sediments and is postulated to have resulted from the movement of gold-bearing
a b
fluids along major north west trending faults such as the Yarrara Shear. Gold-bearing
quartz veins within the sediments generally have a chloritic alteration assemblage
within the host rock, with minor arsenopyrite and pyrite associations. Historical
reports note no extraction problems associated with refractory sulphides.
Gold mineralisation is associated with narrow quartz veins that strike east west and
are contained within the larger north west trending fault. These minor, mineralised,
east-west faults are postulated to represent tensional dilations along joint planes.
The Yarrara Shear which contains the Yarrara Reefs mines, hosts further gold
mineralisation to the north and south along strike outside the project tenure. The
Billabong gold mine to the north and the Carboona lead-zinc-silver-fluorite mine
south of Yarrara are situated within the Yarrara Shear Zone. Carboona is a precious
and base metals mine located 15 kilometres south of the Yarrara Reefs on a cross fault
with the Yarrara Shear Zone. A resource estimate prepared by BHP Limited from
underground diamond drilling is stated at 35,000 tonnes at 34% Calcium Fluoride
(CaF2), 10% lead (Pb), 1.35% zinc (Zn) and 124 g/t Silver (Ag). While potential
exists for further resources to be delineated, the costs would be high and this remains
a low priority target.
Previous Gold production for the mines is as follows:
Mine Max
Workings
Depth
Production dates Average
Grade
(Au)
Output (oz Au)
Rangatira 45m 1877, 1905, 1935 60 g/t 781
Just-In-Time 24m 1876, 1905, 1935 30 g/t 22,515
Perseverance 66m 1875-81, 1905-
10, 1935-37
45 g/t 2.540
Four Mile Creek,
Mountaineer &
Unnamed
Up to
50m
1870’s, 1902-6
and 1935
16-37 g/t Unknown (in
excess of 200)
TOTAL 26,036+
#Above data taken from the Wagga Wagga 1:250,000 Metallogenic Map – Mine data and
Metallogenic Study (Mine No. 195-200), Geological Survey of New South Wales 1982
According to the Geological Survey of NSW, alluvial tin mines (Mt Gifford,
Musgrave Lodes and Holmans Reef) located within the Project tenure were small and
were not worked to great depth (<10m) or extent. These deposits appear to be
spatially related to intrusive Silurian granitoid rocks.
LRS chart, page-403
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