Mt Gibson Project Mt Gibson Project (Accent 80%)The Mount Gibson...

Mt Gibson Project

Mt Gibson Project (Accent 80%)

The Mount Gibson project centred on the Great Northern Highway is located 300 km northeast of Perth in the Yalgoo Mineral Field. It consists of three Exploration Licences with a combined area of 454 km2.



EL59/875 partly surrounds Mt Gibson Iron Ltd’s Mt Extension Hill project and it would appear that the ironstone formation extends onto the Company’s EL59/875 at the north eastern and south western extremes of the project. Past exploration has identified many ironstone outcrops on the tenement between the Mt Gibson Iron Ltd project and that of Gindalbie Metals Ltd to the north. The Company has conducted several ground surveys followed by a preliminary drilling programme which confirmed the presence of magnetite in thicknesses up to 68 metres. Less than 50% of the magnetic anomaly generated by BIF formations has been tested at this time. Further ground based magnetics will be carried out prior to drill testing the balance of the anomaly targets.
The Company is keen to establish a magnetite resource at Mt Gibson as a modest resource in terms of tonnage would be an attractive acquisition target following the recent acquisition of Mt Gibson Iron magnatite resources by Chinses interests. Accent's exploration target is to identify a magnetite resource of up to 100mt.


EL59/876 is located adjacent to the Mt Gibson gold mine (now owned by Oroya Mining Ltd) which to date has produced approximately 870,000 ounces of gold from a number of open pits. The geology is dominated by a greenstone sequence consisting of mafic volcanics, banded iron formations and granitoids forming the southern extremity of the Yalgoo greenstone belt. The contact zone between the greenstones and the marginal granitoids forms the local Retaliation shear zone, which hosts several high grade gold prospects.


Part of the project area has been explored previously by others for gold using soil geochemistry and follow up RC drilling. Anomalous gold values of up to 0.76g/t Au have been returned from the RC drilling. A program of RC drilling will follow up an assessment of the existing database.



Norseman Project
Norseman Project (Accent 100%)
The Norseman Project is located around 200 km south of Kalgoorlie, about 5 kilometres south of the township of Norseman, in Western Australia covering the historically significant Dundas Mineral Field. Gold mineralisation at the main prospects Surprise and Iron Duke at Norseman is associated with the Mt Henry Shear.


The host rock for the mineralisation is a series of tholeiitic basalts with minor interflow sediments. A silicified and sulphide rich shear zone has produced banded grunerite-chert pyrrhotite, which weathers to a banded chert-hematite/magnetite rock. An RC infill drilling program for the Iron Duke prospects was carried out during August 2003, January and February 2004, and June 2004.



The program was designed to intersect the mineralised structure down dip from previous intersections and to test the northerly extensions of the known mineralisation. The work confirmed earlier interpretations that the gold mineralisation occurs in a 50 metre wide "envelope" of moderately (west) dipping shears at grades up to 2.5g/t. However, within this zone there occur sub-vertical, discontinuous lenses of high grade (5 - 80g/t) material. The better intercepts are listed in Table 1, and a full list are in the Independent Geologists Report.



The results of these drilling programs have extended the strike length of the mineralised zone to approximately 360 metres. Mineralisation is open to the north and to the south along strike and at depth. Accent will carry out drilling to define a resource at Norseman and conduct metallurgical test work to determine the best method for gold extraction. Subject to satisfactory results an economic study will be carried out. Accent will also seek to acquire an interest in similar sized resources within approximately 100km radius of the Norseman project with the objective of jointly exploiting resources.

Meekatharra North Project JV 81% – Other Project Areas 100%

TANL successfully tendered for this project when it became available from WMC.The project consists of the Meekatharra North Joint Venture, and three other project areas at Arcadia, Abernethy and Mingah Creek for a total of 780 km2. All areas are strategically located with respect to prominent regional structures within greenstone belts that host +2 million ounce gold deposits along strike (eg. Big Bell, Meekatharra and Bluebird).



The large tenement package at Meekatharra is mostly under varying degree of cover and represents an area containing significant regional and subsidiary structures. Past exploration on the Hope River, Abernethy South and Airstrip prospects and at Andy Well prospects (Wilber,Wendy and Sandra) all within the Meekatharra North JV that included RAB/air core and RC drilling has returned numerous intercepts of mineralization within these significant structural corridors, as tabled in Table 2.



Significant exploration following an extensive data review (already completed) will comprise regolith mapping over some areas and drilling to outline new targets. Programs of RC and diamond drilling are planned to follow up the numerous prospects such as Hope River, Abernethy South and Wilber with the aim of outlining gold resources amenable to both open cut and underground mining methods.


Clermont - Queensland (Accent 100%)

The Clermont project lies 25km to the west of the township of Clermont in the Emerald District of Central Queensland and comprises of MDL’s 103,106 and 143. Numerous companies that have been the precursor to Barrick Gold of Australia Ltd though a series of corporate changes have explored the project area. TANL acquired the Clermont tenements from Barrick Gold of Australia Ltd pursuant to a pre-emptive right and existing royalty agreement.



The project area is located within the Anakie Inlier which is a north north westerly trending basement ridge of strongly folded metamorphic rocks of probable Cambrian to Ordovician age, collectively known as the Anakie Metamorphics.They comprise a basal sequence of metamorphosed mafic volcanics, calc-silicates, recrystallised limestones and small serpentinite lenses overlain by clastic metasediments and intruded by stocks and dykes of monzonitic to dioritic composition.


Gold mineralisation occurs within shear zones in a variety of host rocks, which are invariably silicified. Quartz veining is common. The metamorphics have been folded more than once and faulting, quartz veining, shearing and dykes are associated with the four principal lineations NW, N, EW and NE.

All previous drill data from this project have been converted into a computer database and is being reassessed prior to the formulation of an extensive exploration program consisting of RC drilling of the main prospect areas.



Clermont - Queensland (Accent 100%)

The Clermont project lies 25km to the west of the township of Clermont in the Emerald District of Central Queensland and comprises of MDL’s 103,106 and 143. Numerous companies that have been the precursor to Barrick Gold of Australia Ltd though a series of corporate changes have explored the project area. TANL acquired the Clermont tenements from Barrick Gold of Australia Ltd pursuant to a pre-emptive right and existing royalty agreement.



The project area is located within the Anakie Inlier which is a north north westerly trending basement ridge of strongly folded metamorphic rocks of probable Cambrian to Ordovician age, collectively known as the Anakie Metamorphics.They comprise a basal sequence of metamorphosed mafic volcanics, calc-silicates, recrystallised limestones and small serpentinite lenses overlain by clastic metasediments and intruded by stocks and dykes of monzonitic to dioritic composition.


Gold mineralisation occurs within shear zones in a variety of host rocks, which are invariably silicified. Quartz veining is common. The metamorphics have been folded more than once and faulting, quartz veining, shearing and dykes are associated with the four principal lineations NW, N, EW and NE.

All previous drill data from this project have been converted into a computer database and is being reassessed prior to the formulation of an extensive exploration program consisting of RC drilling of the main prospect areas.



Clermont - Queensland (Accent 100%)

The Clermont project lies 25km to the west of the township of Clermont in the Emerald District of Central Queensland and comprises of MDL’s 103,106 and 143. Numerous companies that have been the precursor to Barrick Gold of Australia Ltd though a series of corporate changes have explored the project area. TANL acquired the Clermont tenements from Barrick Gold of Australia Ltd pursuant to a pre-emptive right and existing royalty agreement.



The project area is located within the Anakie Inlier which is a north north westerly trending basement ridge of strongly folded metamorphic rocks of probable Cambrian to Ordovician age, collectively known as the Anakie Metamorphics.They comprise a basal sequence of metamorphosed mafic volcanics, calc-silicates, recrystallised limestones and small serpentinite lenses overlain by clastic metasediments and intruded by stocks and dykes of monzonitic to dioritic composition.


Gold mineralisation occurs within shear zones in a variety of host rocks, which are invariably silicified. Quartz veining is common. The metamorphics have been folded more than once and faulting, quartz veining, shearing and dykes are associated with the four principal lineations NW, N, EW and NE.

All previous drill data from this project have been converted into a computer database and is being reassessed prior to the formulation of an extensive exploration program consisting of RC drilling of the main prospect areas.







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