2000 Annual Report - Heron Resources Limited
2000 Annual Report - Heron Resources Limited
2000 Annual Report - Heron Resources Limited
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Operations Review<br />
2.0 Continued<br />
Edjudina Prospect<br />
The prospect area including the Oak Well tenement group covers a very complex shear zone into which syn- and<br />
post-tectonic granitoids have been emplaced. Deformation in the region has been taken up as ductile shears in the<br />
greenstone belts, as brittle-ductile structures in granitoids, and locally as a late stage rift basin into which the Yilgangi<br />
Conglomerate was deposited.<br />
The syntectonic granitoids are gold-mineralised, including gold mining centres at Yarri (brittle structures) and Porphyry<br />
(ductile mylonite zones). The Oak Well Shear Zone is characterised by an elongate composite granitoid hosting<br />
remnants of basalt and felsic to intermediate schist. A post-tectonic gabbro is locally emplaced into the Shear Zone.<br />
Recent exploration has confirmed the area to be prospective for both base metals and gold. Highly anomalous Cu,<br />
Zn, Pb and As values are associated with chert and gossanous schists within a magnetic intermediate schist unit.<br />
This zone is also anomalous for gold, with gold in soil to 1,900ppb, and gold in rock chips to 46.8g/t.<br />
Exploration by <strong>Heron</strong> and then Croesus has included target generation, field mapping, and Aircore and RAB drilling.<br />
Drill target areas were generated using detailed aeromagnetic data, followed by regolith mapping and field<br />
reconnaissance.<br />
Table 12 - EDJUDINA LAVERTON JOINT VENTURE<br />
Oak Well Drilling Summary<br />
Tenement Drill Type Holes Metres Samples<br />
E31/190 RAB 10 131 34<br />
E31/233 RAB 9 455 104<br />
E31/234 RAB 10 340 78<br />
E31/235 RAB 51 296 134<br />
E31/288 RAB 54 3,096 677<br />
E31/288 Aircore 8 527 121<br />
E31/311 RAB 75 3,324 733<br />
Project Total 217 8,169 1,881<br />
Photo: Simon Gobbett (Project Geologist) and<br />
Alan Rudd (Senior Geologist). This year, Simon and<br />
Alan added about 50 million tonnes of high grade<br />
laterites to their discovery record.<br />
Two campaigns of drilling were completed which included 217 holes for 8,169 metres within the Oak Well group:<br />
Table 13 - EDJUDINA LAVERTON JOINT VENTURE<br />
Oak Well Drilling Significant Assays<br />
Hole ID North East From To Intercept Grade Geology<br />
m m m m m g/t Au<br />
ENRB088 22,400 21,200 25 30 5 0.55 Clay-sericite saprolite, 2% quartz veining<br />
49 52 3 0.23 Sheared volcaniclastic schist<br />
ENRB110 23,300 20,600 45 55 10 0.20 Foliated clay-sericite felsite<br />
Varden Prospect<br />
A RAB program was completed on the Varden Prospect located 50km north of Laverton, to test low-tenor soil gold<br />
anomalies. A total of 27 holes for 1,108m were completed. Rock types encountered include black shale, chloritealtered<br />
quartzite, serpentinite and lesser basalt, dolerite, porphyry, felsic schist and BIF. Chlorite and sericite were the<br />
dominant alteration styles, with silica and carbonate alteration associated with gold anomalism.<br />
Photo Strip: After a good rain or two, these scarifying furrows become verdant with annuals. In a year or so, the saltbush<br />
is back, and then the acacia understorey.<br />
‘The Water Holes’ Andrea Munmurrie “There was lovely green water and on the top of the green water<br />
there was brown water.”<br />
page 24<br />
<strong>Heron</strong> <strong>Resources</strong> NL<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2000</strong>