An area on northern Yorke Peninsula comprising five semicontiguous sub-blocks which are centred ~23 south-southeast of Moonta has been explored for possible buried economic IOCG type mineralisation which could have formed within Palaeoproterozoic...
An area on northern Yorke Peninsula comprising five semicontiguous sub-blocks which are centred ~23 south-southeast of Moonta has been explored for possible buried economic IOCG type mineralisation which could have formed within Palaeoproterozoic or younger basement rocks. The area exhibits several significant trace metal bedrock geochemical anomalies as recorded by historical RAB, RC and diamond drilling. The contacts between the igneous basement and metasedimentary country rocks appeared highly prospective. During the first licence year, parts of a planned semi-regional ground gravity survey were acquired in January 2014 on two separate 200 m x 200 m grids, when 128 plus 68 new gravity stations were able to be read. The remainder of the proposed 479 stations could not be read because some local landowners had refused to give permission for entry onto their properties. This meant that the small pieces of data obtained were of very little use for exploration target delineation purposes, since they did not include the central regions of the targets. During licence Year 2, further approaches were made to landowners who had been resistant in 2014, but they remained intractable and so the remainder of the planned gravity survey, plus some proposed IP survey acquisition, could not proceed without access to their freehold land. Because its exploration effort had effectively been stifled, the company had no recourse but to fully surrender the subject licence.
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