EL7328

The property encroaches on the well documented Mt Doran gold field. Previous drilling about the old workings indicated gold grades present, however the drilling failed to produce the early win. It is postulated that RC drilling does not provide sufficient structural or geological data. Rock core data would help vector in on the particular structures required, and throughout the region better geological and sample information will be obtained using diamond drilling. The lode system to the south of Mt Egerton area was considered a prolific gold producer. Historical records at Mt Egerton suggest production in excess of 700,000 ounces and overall grades in excess of 11g/t. Much of the production predated the turn of last century with reports of only sporadic mining in the 1930’s to 1940s.

The regional trend is parallel and to the east of the Muclkeford fault, with mineralisation in a similar setting to Ballarat as overturned folds on an axial plane striking north and dipping – 80 to the west.

Again CRA identified weak mineralisation in soil sampling though the results have yet to be confirmed. Given the forest land use, a significant soil sampling programme on east/west lines will be strongly advantageous. In addition, compilation of previous mapping enhanced with further structural mapping will give defined drill targets in the area.