Metal: Gold
Aurora Minerals is pleased to announce that it has applied for eight large, contiguous exploration licences covering a total area of 2618km2 at the southern end of the Paterson Orogenic Province, central Western Australia (refer Figure 1).
The Paterson Project covers a series of ten gold anomalies resulting from pan concentrate samples of surface sediments taken by a previous explorer in the 1980’s.
Maximum assay values range from 10ppb up to 64ppm gold (=64g/t or 2oz/t) in the anomalies, which occur at intervals over the approximate 80km length of the tenements (refer Figures 1 and 2).
The geochemical anomalies were identified by Aurora Minerals in recently released Geological Survey of Western Australia stream sediment assay data from thousands of samples taken from the broad Proterozoic-age basins which extend for hundreds of kilometres across central Western Australia. The Paterson Project lies in the eastern part of this area.
The maximum individual results within Aurora’s tenements are 64g/tAu and 21g/tAu from the north east of the project area. More subdued but still highly anomalous results occur on the far western side of the property coincident with the noses of folded and faulted sedimentary sequences from published geological mapping. Previous explorers noted visible gold from sampling immediately north of Anomaly 1 (refer Figures 1 and 2), and cross-cutting calcite veins with assorted base metals have been reported in similar rocks immediately north of Aurora’s tenements.
The Paterson Project area comprises folded and faulted sandstones, siltstones and dolomites of the Tarcunyah Group, a late-Proterozoic sedimentary basin sequence correlated with the Yeneena Basin to the north which hosts the giant Telfer gold-copper deposit and Nifty copper deposits.
Research and data review in the area is ongoing.