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2000 Annual Report - Heron Resources Limited

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2.0 Continued<br />

Operations Review<br />

At Blister Dam, sub-vertical zones of altered feldspar-phyric basalt, with up to 10% sulphide (pyrite, pyrrhotite and arsenopyrite), silica<br />

flooding and textural destruction within mylonitic zones all confirm a favourable gold mineralised setting.<br />

An Aircore drilling program was designed to test four structural targets. A best intercept of 15m at 0.44/t Au from 35m was returned<br />

in BDA267 from within the Carnage Shear Zone. Anomalous results are listed as follows.<br />

Table 14 - BLISTER DAM PROJECT<br />

Aircore Drilling Significant Intersections<br />

Hole ID North East From To Interval Au Comment<br />

Local Local m m m g/t<br />

BDA228 49,850 18,650 35 47 12 0.33 carbonate alteration<br />

BDA235 50,300 18,850 20 25 5 0.10<br />

BDA237 50,200 18,850 10 15 5 0.10<br />

BDA267 50,200 19,320 35 50 15 0.44 Carnage Shear<br />

BDA273 50,100 19,520 15 20 5 0.10<br />

BDA277 50,000 19,520 10 20 10 0.12<br />

Potential exists for strike extensions of at least 600m to the anomalous zone, both east and west of the intercept in BD267.<br />

<strong>Heron</strong>’s exploration is now focussing on nickel laterite targets, restricted to an ultramafic horizon interpreted to correlate with the Walter<br />

Williams Formation. Proposed drill collars have been marked out and Ground Disturbance Application lodged. Previous drilling areas<br />

have been rehabilitated.<br />

Expenditure to date has been $0.3 million. Negotiations to farm-out the gold rights are current.<br />

2.8.4 Bullabulling Project<br />

<strong>Heron</strong> 100%.<br />

Nickel - gold.<br />

The 188km 2 project area covering<br />

5 tenements is located 60km WSW of<br />

Kalgoorlie immediately east of the Ida<br />

Fault. The project area has an extensive<br />

soil cover. Aeromagnetic interpretation<br />

indicates the presence of ultramafic<br />

rocks with probable thrust repetitions.<br />

At the Dunnsville Prospect, <strong>Heron</strong>’s<br />

field reconnaissance has confirmed the<br />

presence of nickel laterite mineralisation.<br />

No previous drilling is apparent, although<br />

old costeans indicate excellent gold<br />

target settings, and some small-scale<br />

gold mining activity is evident.<br />

Exploration Licence applications are<br />

awaiting grant.<br />

Photo: Ready for action. The tray of the Managing Director’s Hilux. From left to right, spare gerry can, water<br />

bottle, all the sampling gear for soils, costeans and RC drilling, plus wooden claim pegs in case a mining lease<br />

needs to be pegged.<br />

All <strong>Heron</strong> vehicles are similarly set up. From safety viewpoint, the vehicles each carry a GPS, EPIRB and<br />

satphone for working in remoter areas.<br />

<strong>Heron</strong> <strong>Resources</strong> NL <strong>Annual</strong> <strong>Report</strong> <strong>2000</strong> page 31

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