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Gold Prospecting Lease near Paynes Find

Overview

Summary and conclusion

The Tenement P59/2397 presents multiple possible host structures and locations for mineralisation within its boundaries. The work conducted by Complete Prospecting on the lease has outlined the presence of multiple locations of Quartz on the surface, which would provide good initial target locations. The range of structures within the lease suggested further work would likely identify more Quartz zones.

The presence of weathered out Iron Minerals, likely Pyrite or Pyrrhotite, is seen within some of these Quartz zones. The close association of these types of sulphides with Gold mineralisation further indicates that P59/2397 is prospective for localised Gold mineralisation.

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