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2000 Annual Report - Heron Resources Limited

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Operations Review<br />

2.0 Continued<br />

2.4.6 Karonie South Joint Venture Project<br />

<strong>Heron</strong> 100%. WMC <strong>Resources</strong> <strong>Limited</strong> right to earn 80% through spending $0.30m.<br />

Gold (- nickel).<br />

The 666km 2 contiguous project area covering 9 tenements is located 140-170km SE of Kalgoorlie associated with<br />

the southern Keith Kilkenny Tectonic Zone. This structure hosts gold mineralisation from French Kiss and Karonie in<br />

the south through to Carasue and Old Plough Dam in the north.<br />

<strong>Heron</strong>’s aeromagnetic data for Karonie South confirms the presence of prospective Karonie gold mine structures<br />

(northeast splay faults and tight isoclinal folds), within a favourable mafic stratigraphy. Importantly the Aldiss Fault,<br />

which controls the distribution of mineralisation within the Karonie gold mining centre, extends into the <strong>Heron</strong> project<br />

area. Aeromagnetic interpretation has defined several major regional NE trending cross structures.<br />

Following commencement of the Joint Venture, WMC has<br />

completed a detailed 474 station, 1x1km grid gravity<br />

survey. This has provided excellent definition of the mafic<br />

and sedimentary packages of the Roe Hills and Karonie<br />

Greenstone Belts. The data has been processed to<br />

produce Bouger gravity images.<br />

E28/860<br />

6530000mN<br />

The data reveals a low intensity gravity unit in the western<br />

survey area, which represents the Archaean Mount<br />

Belches sedimentary formation. To the east of this is a<br />

major NNW trending gravity high that represents the mafic<br />

to ultramafic Roe Hills Greenstone Belt, with other eastparallel<br />

gravity highs interpreted as thrust repetitions of the<br />

Karonie Greenstone Belt, intercalated with sediments. The<br />

NNW trending gravity-high stratigraphy is cut by numerous<br />

NE trending structures interpreted as Lower Proterozoic<br />

aged Albany-Fraser deformation effects.<br />

Granites located in the northeast and the south of the<br />

survey area are represented as gravity lows, and a<br />

distinctive ENE Proterozoic dyke is a linear gravity high.<br />

Both of these features are favourable gold targets.<br />

E28/862<br />

E28/929<br />

E28/861<br />

65<strong>2000</strong>0mN<br />

E28/665<br />

E28/1014<br />

6510000mN<br />

An ethnographic survey was completed, clearing the entire<br />

Joint Venture area in terms of ethnographic sites.<br />

The survey team consisted of registered claimants of the<br />

Narnoonbinya People.<br />

An orientation soil geochemical program has been<br />

completed, and RAB drilling is current to determine the<br />

regolith and geological profile. WMC expenditure to date is<br />

$0.1 million.<br />

E28/638<br />

6500000mN<br />

A further 691km 2 project area covering 4 tenement<br />

applications is currently subject to farm-out discussions.<br />

The target is the southern soil-covered extension of the<br />

Karonie Greenstone Belt into the Fraser Range area.<br />

470000mE<br />

400000mE<br />

6490000mN<br />

Figure 9- KARONIE SOUTH<br />

Bouger Gravity Image<br />

Photo Strip: The concrete plug next to the peg is used to cap the drill hole. After site rehabilitation, only the black PVC<br />

tube protrudes from the ground, as a marker of the hole’s position. When mining is ready to commence, the plugs will be<br />

removed, since the enclosing top-soil is used for rehabilitation works around the minesite.<br />

‘My Painting’ Kevin Banks “The left hand side is the country. It has many quondong trees in it.<br />

On the right hand side is the mine site with its spiral ramp into the earth.”<br />

page 26<br />

<strong>Heron</strong> <strong>Resources</strong> NL<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2000</strong>

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