it’s well documented and said by S2 that the targets that are most prospective are the goorong zone and Curie zone.
Exploration HistoryThe Goornong South mineralisation occurs at the southern end of what was originally delineated as three separate exploration prospects Goornong South, Howards Prospect and the Cemetery Prospect (from south to north; Figure 2). Outcrop is absent over the whole length of the deposit, although mineralised float occurs about a low rise at the southern end and shallow prospecting pits occur at both the southern and northern ends. Ferruginous float from the southern end may contain up to 1.8 ppm Au and 1700 ppm As, whilst subcrop from the Cemetery area in the north may contain up to 5.2 ppm Au and 2700 ppm As. (Other chalcophile element contents are low in such materials: Scott and van Riel, 1999). This Au-As association in regolith materials, similar to that at the Fosterville deposits to the south, encouraged Perseverance Exploration Pty. Ltd. to commence a geochemical exploration program based on sampling weathered bedrock. During late 1995, three lines of augering, 50 m apart and a sampling interval of 10 m were conducted over the rise at the southern end of the deposit. These outlined a broad (>150 x 150 m) anomaly in As (>100 ppm) and Au (>50 ppb) in this area. However, the drilling of 9 RC holes in 1996 yielded disappointing results with the best intersection being 4 m @ 1.02 g/t Au. Nevertheless, the intersection of porphyry dykes, reflecting the presence of a favourable structure, during this drilling and the alignment of the anomaly parallel to the 340º magnetic trend of the Fosterville mineralisation, encouraged persistence with the bedrock augering program. As the depth to bedrock increased in the middle of the whole prospect, RAB drilling replaced augering and an almost continuous anomalous line 1.3 km long was outlined (Figure 2). In 1997, a further 36 holes were drilled (2200 m of RC drilling) over the whole anomalous line but with a focus in the area just to the north of the original drilling. This program was designed to test oxide resources suitable for heap leaching and produced results such as 10 m @ 4.6 g/t Au, 6 m @ 7.5 g/t Au and 18 m @ 1.8 g/t Au. Subsequent infill drilling during 1998 (30 holes) has defined a deposit of 783,000 tonnes of oxide ore @ 1.4 g/t Au in the southern portion of the Goornong South anomaly (Gold Mining Journal, 1998).
More recent Kirkland reviewed the data and filled 3 holes at Goornong South. The assays did not justify further exploration,
S2R Price at posting:
19.0¢ Sentiment: Sell Disclosure: Not Held
