Malcolm Creek-EPM 14231
HIGHLIGHTS
- Located in the Georgetown Region but represents a new style of gold mineralisation in this area.
- Target is a gold mineralised quartz unit similar to that at Telfer, WA or Mesquite, Ca, USA.
- Potential for bulk tonnage, large-scale open cut gold mine.
- QGM proposes to geologically map the mylonite target area, then carry out soil chip sampling, rock chip sampling and backhoe trench sampling.
- This will be followed by RC and diamond drilling.
- Soil sampling has defined anomalous gold areas coincident with mylonite outcrop areas and these are being sampled at a closer sample density. This work will provide targets for the forthcoming drilling programme.
Malcolm Creek represents a new style of gold mineralisation in the Georgetown region. Coarse platy gold was found recently at two localities within a shallow dipping layered quartz rock identified as a quartz mylonite, which is a rock type formed from intense shearing and quartz deposition from solution and is characteristic of major regional scale thrust-fault zones. Reconnaissance revealed that this unit extends continuously for several kilometres around the edge of a shallow dome structure.
