EL 9645 Pale Moon First annual report 23 October 1996 to 22 October 1997

Abstract

Work centred upon 3 prospects: Europa, Callisto and Ganymede. At Europa work included geological mapping, 24 rock chip samples and 12 open hole percussion drill holes (611m). Rock chip sampling returned values to 0.11g-t Au, 430 ppm Cu and 21 ppm Bi. The drilling intersected a zone of talc chlorite alteration though most holes were weak or devoid of mineralisation except for one hole beneath an old pit which intersected 17m at 0.64g-t Au included 2m at 2.42g-t Au. At Callisto geological mapping, 14 rock chip samples, gravity, magnetics, 15 open hole percussion drill holes and 6 RC holes were completed. Au-Bi-Cu mineralisation intersected. Best values include 3m at 1.66 percent Bi, 1m at 3.09 percent Cu and 17m at 2.97g-t Au including 2m at 14.2g-t Au. Ganymede also had a program of rock chip geochemistry (12), gravity, magnetics, open hole and RC percussion drilling. 1 hole returned 6m at 9.46g-t Au including 42.25g-t Au and 6m at 5.34 percent Cu including 2m at 10.1 percent Cu.