Bunjarra Well Project

E39/1976 (95%)

Bunjarra Well comprises a single Exploration Licence (E39/1976) covering 75km2 located 65km northwest of the Hobbes Project. Bunjarra Well lies along the eastern margin of the KKTZ and is extensively covered by recent alluvium. The bedrock geology comprises deformed mafic to intermediate igneous rocks, epiclastic sediments, with localised ultramafic and granitoid rocks of the Kurnalpi Domain.

Bunjarra Project - Regional Location Map

Bunjarra Project - Regional Location Map

Drilling to date has been very broad spaced. Previous angled aircore drilling was carried out on nominal 300 to 400m line spacing and 100m to 200m intervals along these lines. This drilling has defined a significant supergene gold anomaly >100ppb Au on three drill lines over 600m of strike. Best reconnaissance aircore drill results to date (using a 0.1g/t Au cut off) include:

  • BWAC18-003 - 4m @ 0.23 g/t Au from 44m
  • BWAC18-007 - 3m @ 5.35 g/t Au from 34m
  • YEAC0083 - 4m @ 0.35 g/t Au from 48m
  • YEAC0084 - 4m @ 1.06 g/t Au from 36m

Mineralisation is associated with quartz veined saprolitic sheared basalt, gabbro and ultramafic units immediately adjacent to and within a granite. The mineralisation is open to the north and south along strike and the primary mineralisation has not been tested at depth.