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Kaiser Reef’s gold project at Stuart Town in NSW is considered prospective for large scale intrusion related gold systems.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The project comprises of 100% owned tenure which covers the main historical workings and most prospective areas (granted) and extensions to the north closer to Alkanes recent Boda discovery (Application).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

We believe this because of several important geological and production points within the 100% owned tenure that include;

  • Significant historical production exceeding 170,000 ounces of gold sourced from many relatively small lode and alluvial gold sources. No major source or pathway has yet been identified for the gold mineralisation.

  • Large interpreted thrust fault zones provide favourable structural setting for an interpreted auriferous intrusive felsic body.

  • Examination of publicly available geophysical data indicates that coincident magnetic and gravity anomalies support the interpretation of a large, relatively shallow felsic intrusive, supported by a coincident potassic radiometric signature.

  • Mineralised brecciated rhyolites at Quartz Hill with accompanying high levels of arsenic reported from historic soil sampling and drilling may represent minor subvolcanic intrusives related to of an underlying mineralised intrusive.

  • Government mapping indicates that the Project lies within a west-northwest transverse fault zone.

  • There has been no effective testing of the deep-seated intrusive model.

 

Further to this recent positive exploration results at Alkane Resources Limited’s (Alkane’s) North Molong porphyry project, some 20 km north of Stuart Town are very significant. Kaiser ground is located roughly equidistant between the Alkane North Molong Project and the world class Cadia mine operated by Newcrest.