Mt Rawdon West (Gold & Copper) - Queensland

In a snapshot

  • Comprises one tenement which covers 309km2 in the Mt Perry are, covering the Mt Rawdon and Mt Perry gold and copper fertile structures.
  • 23km strike potential along strike from the Mt Rawdon Mine (Evolution), 12km strike along trend from the Mount Perry Project (SolGold) – total 35km strike.
  • Extension of Nicko’s Reward into Killi tenement, where intercepts on the boundary returned: 56m @ 1.0g/t Au fr surface 26m @ 1.41g/t Au fr surface.
  • Existing 3x1km Cu-Au-Mo soil anomaly at the intersection of the major Au-Cu structures.
  • Wonbah Hill – previously worked for copper, with historical workings extending 50m into the hillside, and rock chip samples returning 1% Cu and 1.4% Cu in outcrop.
  • Not one drillhole on the tenement – major discovery opportunity

The Mt Rawdon West Project consists of one tenement, which covers 309km2 of prospective gold and copper ground. The project is strategically located between the Mt Rawdon Gold Mine owned and operated by Evolution Mining (Evolution) producing 75,000 – 80,000oz Au annually, and the Mount Perry Project owned by SolGold, situated inland from Bundaberg in Queensland.

Location of the Mt Rawdon West Project in relation to nearby gold and copper mines, deposits, and occurrences.

Historically this area was part of the Mt Perry Goldfields, an area that covered 186km2 and hosted 60 recorded historical copper/gold mines. The main controlling feature on mineralisation within the province is the sinistral NW-SE fault system which extends from Mt Rawdon Mine through the tenement. The secondary control is a series of cross-faults which are oriented NE-SW.

The Nicko’s Reward and Mt Rawdon structures intersect in the centre of the tenement and coincide with an existing geochemical soil anomaly of Cu-Au-Mo. Work has been completed to understand the potential for an Intrusive Related Gold System (IRG) within the Mt Rawdon West Project.

On the Killi tenement, no drilling has occurred to date, however there is drilling up to the tenement boundary on the western margin of the project. The Nicko’s Reward prospect was drilled by SolGold in 2012 returned thick intercepts of gold mineralisation, with an interior higher-grade core, which included;

  • 56m @ 1.0g/t from surface, including 4m @ 4.82g/t Au from 8m (NIC014)
  • 26m @ 1.41g/t Au from surface, including 6m @ 2.19g/t Au from 6m (NIC016) and,
  • 72m @ 0.83g/t Au from surface, including 18m @ 1.98g/t Au from 2m (NRRC3)

(SolGold announcement AIM: SOLG, ‘Mt Perry Drilling Update: Drilling at Nicko’s Reward prospect returns encouraging results’, 5th July 2012).

Mt Rawdon West Project, with Killi tenement, existing copper and gold occurrences, major regional fault corridors, geochemical anomaly, and major prospects.

The intercepts were logged within a porphyritic granodiorite which is interpreted to strike into Killi ground for a further 12kms. This target has been referred to as the ‘Baloo Prospect’ and presents a priority 1 drill ready target for gold and copper exploration.

The Wonbah Knob Mine was a small operation mine extracting copper-gold-silver and is in the centre of the Killi tenement. The mine consisted of three old workings extending 50m into the hillside, with sampling of the workings returning values up to 2.1% Cu.

The mineralisation was described as quartz and sulphide rich zone within an intensely altered granodiorite, with the mine originally found by the occurrence of visible gold in the stream below the hill.

South of Wonbah Knob Mine, is a 3km x 1km Cu-Au-Mo geochemical anomaly in soil samples completed by Acapulco Mining Pty Ltd in 2010, referred to as the Wonbah Prospect. The anomaly is ready to be drill tested in the coming exploration programs.