|
Buchanan Creek-Grants Gully- EPM 13235, EPM 13271, EPM 13694 & EPM 14244 and ML 3311, ML 30123 & ML 30208
HIGHLIGHTS
- Target is a Greenbushes style
pegmitie/granite/gneisen deposit.
- Displays known tantalite mineralisation.
- Potential for large hardrock tantalite resources and limited alluvial/eluvial resources of tantalite.
- Lepidolite and amblygonite (source of lithium), both industrial minerals are secondary targets.
- Potential for early cashflow from alluvial tantalite and lepidolite/amblygonite, and from alluvial gold.
- QGM proposes to search for more pegmetite structures using air photograph interpretation, airborne magnetics, radiometrics and geological traversing, together with heavy mineral testing of
eluvial/soil concentrations.
- QGM will also overhaul the Grant’s Gully wet gravity plant and
carry out bulk testing of alluvium/eluvium.
- This will be followed by small scale alluvial mining, and RC and diamond drilling based on results.
- Drilling
is planned for August to test the mineralised outcrops to
define open pit resources both on tantalite and gold
targets.
Grants Gully – Buchanans Creek contains tantalite, cassiterite and rare lithium-bearing
pegmatites, which occupy the exposed top of granite intrusive rocks. Substantial alluvial gold was recovered in the past from the same areas but currently the source of this is unknown. Geological mapping, bulk alluvial and eluvial testing, stream sediment and rock sampling will aim to supply modest production whilst defining drilling targets in the source rocks.

Regional Cultural -
Topographic features and geological structural
corridors |

Regional geology and stream
sediment tantalum anomalies |

Grant's
Gully and Buchanans granite cupolas and pegmatite
locations |

Grant's
Gully geology plan of granite cupola and
tantalite-bearing pegmatites |

Buchanans 1 & 2 tantalum and
lithium bearing pegmatites |

Buchanans 3 tantalum and
lithium bearing pegmatites |
|

Buchanans 4 tantalum and
lithium bearing pegmatites |
|
|
|
|
|