Fifth annual report EL 5468 Running Creek year ending 12 August 1992 W J Fisher-Running Creek Farm-In and joint venture

Abstract

A stratigraphic drill hole (total depth 328.53m) was completed to test the base metal potential of the Gold Creek Volcanics and its contact with the Wollogorang Formation. No significant base metal values were obtained from the Gold Creek Volcanics. Weak Cu (5.17 m at 403ppm) and Zn (1.4m at 0.6% Zn) was obtained from the basal Wollogorang Formation. Soil sampling at the Stanton Prospect confirmed the Cu-Co anomaly. It was further verified by a percussion drill programme (maximum 8m at 0.39% Co and 4m at 0.39% Cu). Work at the Gregjo Prospect showed the mineralisation to be localised.