A licence area covering the subdued hilly terrain lying a short distance to the west of the northern Middleback Range on north-eastern Eyre Peninsula was taken up to explore for possible economic buried deposits of stratabound magnetite iron ore...
A licence area covering the subdued hilly terrain lying a short distance to the west of the northern Middleback Range on north-eastern Eyre Peninsula was taken up to explore for possible economic buried deposits of stratabound magnetite iron ore which might occur in Palaeoproterozoic basement metasediments, as well as for any economic base or precious metal mineralisation that might also occur in the basement rocks. Initially, office studies of available geophysical and open file geological data were performed during 2005 to try to identify possible drilling targets. Reprocessing of historic government and company open file aeromagnetic data was done for the entire portfolio of Centrex Metals' SA exploration tenements. Data spacing and quality were variable, which led to some uncertainty in drill target selections. Consequently, in November 2005 a new detailed airborne magnetic, radiometric and digital elevation model survey was flown over the Stony Hill area, for a total of 1635 line km acquired along east-west flight line spaced 100 m apart, using a nominal sensor height of 30 m above the ground surface. The survey's expenses and data were shared between Centrex Metals and Lincoln Minerals. According to the JV's geophysical consultant, the new Stony Hill survey's detailed data had dramatically improved the resolution of magnetic anomalies, revealing details of fold and fault structures considered to be highly prospective for haematite and magnetite ore. The central BIF zone could now be seen to consist of several parallel trends, with variations in anomaly amplitude along strike. The main high amplitude BIF anomaly was seen to have a strike length of ~6 km, with a separate high amplitude zone in the south. The BIFs appeared to be totally enclosed in Lincoln Complex rocks, with evidence seen of both strike faulting and cross faults.
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