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Title: First Twelve Monthly Report on EL 4834 Waterdrum Prospect.
Title Holder / Company: Magnum Resources
Report id: CR1987-0233
Tenure: EL4834
Year: 1987
Author: Milligan, IM
Abstract: Exploration licence 4634 and adjacent mineral claims form the Waterdrum Prospect. Mapping has defined north-south trending fold axes within an area of Mount Bonnie Formation and Gerowie Tuff adjacent to the Prices Springs Granite. A drainage and outcrop sampling programme has been carried out with results suggesting that the mineral claims hold more potential for gold mineralization than EL4834. Sampling of the drainage system indicates a widespread occurrence of trace gold but this may possibly be derived from a palaeosurface source. A programme of -80 mesh sampling of restricted drainage areas with assaying for arsenic and possibly other elements is recommended.
Date Added: 23-Oct-2013
Appears in Collections:Minerals Exploration Reports (MEX)

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