Fifth annual report for the Coniston Project, for the year to 7 February 1999

Abstract

No work was completed on EL 8362. Within EL 8363 the extension of the Black Knight lineament was followed up and intersected sheared metasediments with a peak result of 65ppb Au. Three diamond holes and three RC holes with diamond tails were completed at Black Knight. Results were disappointing with the highest gold intersection being 10m@1.0g/t with ample shearing, quartz veining and arsenopyrite. At Hawkhead a soil sample program was completed at the intersection of two lineaments, no gold anomalism was obtained although arsenic peaked at 790ppm. At Headless Bore vacuum drilling delineated a weak gold anomaly (to 4ppb Au) related to minor shear zones. Vacuum drilling at Loora Hills returned spotty gold (to 4ppb) and isolated tungsten anomalism (to 1110ppm). RAB drilling was completed at North Bore and intersected medium grained gabbro with some pyrrholite and quartz stringers. At Tin Bore vacuum drilling defined an area of sericite alteration with some quartz veining and some gold anomalism (to 10ppb). At Troutbeck four water bores were completed. Within EL 8367 infill vacuum drilling was completed at Red Hackle Dam and intersected sericite alteration and quartz veining with low gold anomalism (to 13ppb). At Red Handed additional vacuum and RAB drilling was completed with only low gold anomalism detected. Non defined deposit: North Bore.