Native Minerals searching WA gold at Music Nicely

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Native Mineral Sources has rolled up its sleeves within the hunt for high-grade gold at its Music Nicely mission in WA. An in depth evaluate and interpretation of the exploration datasets protecting the corporate’s tenure has uncovered a number of high-priority geophysical targets, with rock chipping over the important thing prospect areas returning assays of over 30 grams per tonne gold.

The corporate’s desk-top evaluate of the Music Nicely mission included a contemporary interpretation of the geological terrane which has recognized a number of regional faults and shears that seemingly host the structure for gold mineralisation within the area.

Native Minerals’ tenure is surrounded by a wealth of working gold mines together with the Gwalia mine to the south, King of Hills to the west and the growing Mertondale deposits to the south-east. Importantly, the geology of the mission exhibits sturdy similarities to Saracen Mineral’s high-grade Bundarra gold mission, which is situated simply three kilometres to the west of Native Mineral western tenement boundary and hosts a lot of historic intrusive-related deposits inside a 10km shear zone which is wholly hosted with the granitic basement rocks.

The popularity of intrusive-related gold mineralisation has led to a renaissance in gold exploration throughout Western Australia, with the invention of the multi-million-ounce Hemi deposit within the Pilbara main the way in which. Explorers comparable to Venus Metals and Traditional Minerals have additionally begun to stipulate in depth granite-hosted ore methods alongside strike from historic mining operations.

Music Nicely is situated in a chief jurisdiction, surrounded by a number of world-class gold deposits, and the provision of latest datasets and new interpretations in addition to the presence of a number of optimistic gold indicators locations NMR in a novel place to shortly and successfully goal the identified gold-bearing buildings at Music Nicely in early exploration. Preliminary discipline work is because of begin at Music Nicely this quarter and particulars on the finalized programme shall be supplied to the market shortly.

Music Nicely is situated round 60km north-east of Leonora within the North Japanese Goldfields of Western Australia. The mission contains two granted exploration licenses that cowl round 270 sq. kilometres of the cratonic basement stratigraphy between the Leonora and Mertondale greenstone belts and is potential for a number of kinds of structurally hosted gold mineralisation and auriferous intrusive gold methods.

The corporate has compiled the historic exploration knowledge over Music Nicely and prioritised a number of goal areas based mostly upon hydrogeochemistry, rock chipping and shallow drilling undertaken by earlier explorers. The important thing goal situated close to Nambi station is a 2km by 3km gold anomaly situated within the strain shadow of a late-stage granite intrusion – a text-book website to host vital gold mineralisation.

Reconnaissance over the Nambi goal exhibits the sub-cropping stratigraphy to be sheared basement rocks with a stock-work of gold-bearing quartz veining, which has yielded a lot of rock chips grading as much as 34.eight g/t gold. While the goal at Nambi already extends over greater than 3km of strike, an interpretation of the regional magnetic knowledge exhibits the host shear zone to observe the margin of the granite intrusion and prolong for greater than 15km under latest cowl inside the tenement space presenting a large goal for ongoing exploration.

Native Mineral’s is seeking to kick-off discipline work at Music Nicely in early February 2021. With a group of high-grade samples already on the books at Nambi, it’s more likely to shortly advance the prospect to drilling as the corporate expands its exploration program throughout Australia and into WA’s iconic goldfields area.

Is your ASX-listed firm doing one thing fascinating? Contact: matt.birney@wanews.com.au



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