Kiaby Well Project
The Kiaby Well Project consists of an Exploration Licence Application (ELA59/934) located in the Yandhanoo Fold Belt on the Ninghan 1:250,000 map sheet, approximately 320 kilometres northeast of Perth and some 40 kilometres south of Paynes Find. The tenement covers 84km2 and is centred to the east of the Yandhanoo Hills, which host the historical Bonnie Venture Gold Mine and the Wolfram King and Wolfram Queen Tungsten mines. The Mt Gibson Gold Mine which to date has produced approximately 870,000 ounces of gold from several open pits, is located approximately 10 kilometres to the south west of the project.
The Kiaby Well Project has potential to host a number of styles of mineralisation. These include gold mineralisation associated with anomalous rock chip (up to 0.6g/t gold) and soil samples collected by previous explorers together with the potential for copper (0.165% Copper) zinc mineralisation and nickel (up to 0.68% from the bottom of an RAB hole) mineralisation.
The contact zone between the metasediments of the Mougooderra Formation and the mafic volcanics of the Singleton Basalt is known to host significant gold mineralisation at Minjar, 70 kilometres to the northwest. Within the Kiaby Well tenement, 10 kilometre strike length of this contact is completely under cover and has not been tested to date.
Reconnaissance mapping and RAB drilling is suggested for testing the area between Wolfram Queen and Puppy Dog Well, as the presence of a wedge of dilation is highly prospective for gold.
Silver Swan will target the area in the vicinity of Kiaby Well with multi-element soil sampling and geological mapping. This work will allow the geochemical anomalism already indicated by earlier work to be more accurately defined. A detailed appraisal of the available geophysics is warranted. Additional geophysical surveys may be required to define targets and enable sub-surface interpretation in areas of cover. In areas of cover reconnaissance RAB or air core drilling will be used to test for supergene anomalism. Suitable targets can then be followed up with reverse circulation and/or diamond drilling.
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