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Puggoon

 

 

Key Statistics  
LICENCE NO EL7155
LOCATION Puggoon, NSW (North of Mudgee and the Gulgong goldfield)
PROJECT PHASE

Exploration

SIZE 183 Sq Km
OWNERSHIP 100%
PRODUCT Copper-Gold
REGIONAL GEOLOGY / LOCATION RATIONALE

Prime Mining Location with Historic Resource Finds:The tenement is located on the eastern Lachlan Fold Belt and lies on the eastern margin of the Hill End Trough and the Sofala Anticline.

 

Existing Mineralisation Supports Research Data:Correlates with a magnetic response interpreted as an aureole surrounding a larger intrusive. In places the amplitude of the magnetic response is sufficient to be classified as a skarn.

 

Host Formation:Skarn related mineralisation is in the west of tenement and the intrusive associated with the contact.

 

Additional Research Necessary:The Northparkes type target is identified here for follow up with mapping of intense kaolin alteration.

TARGETS

Porphyry copper-gold mineralisation, in particular where coincident circular magnetic and gravity anomalies exist at major structural intersections.

STATUS & COMPANY GOALS

Porphyry copper-gold targets and related mineralisation.

 

Define the extents of the iron-skarn mineralisation and its relationship to a larger potentially copper-gold bearing igneous body.

RELATED INFORMATION Tenement Map of Puggoon with Highlights
 
  Level 3, 521 Toorak Road, Toorak, Victoria 3142, Australia
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