- Joined
- Jul 7, 2015
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" Catalyst Metals Limited has intersected high-grade gold mineralisation in its first reconnaissance air core program at the northern end of the Tandarra Gold Project.
Catalyst is earning a 51% interest in the Tandarra Gold Project from Stawell based exploration company Navarre Minerals Limited.
The Tandarra Gold Project is part of the Whitelaw Gold Belt where Catalyst controls tenements over a 75 kilometre strike length north of the historic 22 million ounce Bendigo Goldfield. ....... Thirty one holes were completed on three drill traverses along Upton's Road, Kennedy's Road and Settlement Road for a total metreage of 3,853 metres. The companies have reported that two significant zones of mineralisation were recorded on Upton's Road around 500 metres apart.
The gold zones in these two holes are associated with a quartz-bearing clay-rich zone with elevated iron concentrations.
One of these intersects produced results of 33.1 grams of gold per tonne at a depth of two metres. This strike included one metre at 65.5 grams per tonne at depth of 129 metres. The second strike was five metres at 0.53 grams per tonne from 78 metres.
These intersections are situated around seven kilometres north on strike of the main zone of high grade gold mineralisation at the Tomorrow Prospect and seven kilometres south of the Four Eagles Gold Project and are probably related to the Tandarra Fault.
This Tandarra Fault Zone is virtually untested over the 14 kilometre zone to the north and south of this intersection and will require considerably more air core drilling. " .......
Catalyst is earning a 51% interest in the Tandarra Gold Project from Stawell based exploration company Navarre Minerals Limited.
The Tandarra Gold Project is part of the Whitelaw Gold Belt where Catalyst controls tenements over a 75 kilometre strike length north of the historic 22 million ounce Bendigo Goldfield. ....... Thirty one holes were completed on three drill traverses along Upton's Road, Kennedy's Road and Settlement Road for a total metreage of 3,853 metres. The companies have reported that two significant zones of mineralisation were recorded on Upton's Road around 500 metres apart.
The gold zones in these two holes are associated with a quartz-bearing clay-rich zone with elevated iron concentrations.
One of these intersects produced results of 33.1 grams of gold per tonne at a depth of two metres. This strike included one metre at 65.5 grams per tonne at depth of 129 metres. The second strike was five metres at 0.53 grams per tonne from 78 metres.
These intersections are situated around seven kilometres north on strike of the main zone of high grade gold mineralisation at the Tomorrow Prospect and seven kilometres south of the Four Eagles Gold Project and are probably related to the Tandarra Fault.
This Tandarra Fault Zone is virtually untested over the 14 kilometre zone to the north and south of this intersection and will require considerably more air core drilling. " .......
