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Reedy CreekThe Reedy Creek Project area contains numerous historic gold, silver, copper, lead, bismuth and fluorite workings and prospects. The project is located directly adjacent to the tenement containing the 31koz Au Anastasia breccia-hosted gold deposit. Drilling and costeaning by previous explorers recorded silver and low-grade gold mineralisation associated with a hydrothermal breccia pipe at Sulphide Cap Prospect. Assays of polymetallic vein float material adjacent to the breccia pipe have given values as high as 10g/t Au and 4,100g/t Ag. The project area shows many of the key geological indicators for intrusion-associated gold-silver deposits. The project is considered prospective for gold deposits associated with subvolcanic or rhyolite dome breccia complexes. Several aeromagnetic anomalies have been identified within an interpreted west-northwest-trending target area between Anastasia and Sulphide Cap. |
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24 June 2008
Drilling assay results, Julius Deposit 21 May 2008
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