UML unity mining limited

FYI- If anyone is curious why i was boasting about this project...

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    FYI- If anyone is curious why i was boasting about this project weeks ago, its just because i do think that with everyone talking about incoming darwin south results , i do feel after i read up on this project that this could be an exciting project for unity mining which not many are aware or- now moreso than ever because they have been able to prove thru this drilling that a 3D IP ground geophysical survey that was completed at the Firetower West prospect in late 2013 which was modelled to outline a strong, relatively shallow and consistent zone of chargeability approximately 800m long and up to 400m wide has been proved-

    The Firetower project is located 65km west of Launceston, and 35km south of Devonport, in northern Tasmania. The project area comprises four contiguous tenements that cover a total area of 265 sq km.The project is subject to a Farm In agreement dated 7 Oct 2011 whereby ASX listed Unity Mining Ltd may earn 75% via expenditure of A$7mil. The Company has outlined a large mineralised system more than 6km in length, and only 400m of this has been investigated to date. There is scope for a large gold resource. Firetower greatly resembles the nearby Henty gold mine owned and operated by Unity Mining Ltd. Henty is a plus million ounce deposit. Work at Firetower has identified gold mineralisation adjacent to the existing resource. This remains to be tested by drilling. Also the project area, originally covering 18km of strike and hosting the Firetower gold resource, has been extended to cover over 50km of strike.
    The project covers rocks equivalent to those of the Mt Read Volcanic sequence, which hosts the world class base metal deposits of Mt Lyell, Hellyer, and Rosebery; and the large Henty gold deposit.
    These deposits are of a world class scale, for example, Roseberry hosts 32.3Mt at 2.3g/t Au, 0.59% Cu, 14.6% Zn, 4.5% Pb and 145g/t Ag while Henty hosts 2.83Mt at 2.5g/t Au for in excess of 1.1M oz gold. Also nearby is the Beaconsfield gold mine that hosts over 2 million ounces of gold.
    Local infrastructure is good with sealed and formed roads, power, water, accommodation, communications and numerous regional supply points. Also, a skilled local workforce is accessible from the many nearby regional centres.
    Gold mineralisation at the Firetower deposit is associated with widespread alteration of volcaniclastic rocks. Alteration is dominated by silica, sericite, carbonate, and pyrite. Rockchip results include 30.1g/t Au, 14.2g/t Au and 11.2g/t Au. To date gold mineralisation has been defined over a strike length of 400m and has a width of approximately 80m.

Gold grades intersected in drilling are up to 30g/t over one metre. Drilling to date has only tested to a maximum depth of 100m. Drilling was completed by Noranda Pty Ltd (now Xstrata) during 1990, Plutonic Operations Ltd in 1992, AurionGold Ltd (now Barrick Gold) in 2002 and Greatland 2006-present. Mineralisation is hosted in a stockwork that consists of fine quartz-carbonate veining with a sulphide content of between 2% and 5%.
    Other areas of gold mineralisation, and structural targets, have been identified over 50km of strike east and west of the deposit. These are yet to be drill tested and Greatland is carrying out systematic exploration over them- just have a look at the map below for further clarification that firetower could just be unity mining's joker card which was never really added to their previous valuations - http://www.greatlandgold.com/index.php/firetower/
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